IslamicBanking
First Time Poster
Cash: $ 0.25
Posts: 1
Joined: 18 May 2012
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Islamic banking! |
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Good day everyone,
I am a student working on a paper on Islamic & conventional banking and I was wondering if anyone working in the field of finance, accounting, islamic banking, investment banking and so forth would be willing to answer some questions I have.
Thank you for your help in advance. I appreciate the answers you may provide.
Questions:
1. What do you know about Islamic banking and are you familiar with its main features?
2. In Islamic banking the responsibilities are shared with the investor, meaning that they both make a loss or a profit, what do you think about this approach to earning profits?
3. Islamic banks do not pay out interest but share the profits with their customers and strive towards a more equal distribution of wealth, what do you think about this?
4. Many supporters of Islamic banking think that interest-free banking is better for the society, do you agree with this? Please explain.
5. Do you perceive Islamic banks to be more ethical than conventional banks? Please explain.
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Fri May 18, 2012 7:43 am |
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Garchiaaa
New Member
Cash: $ 0.60
Posts: 3
Joined: 16 Jul 2012
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Its the need of whole world to start islamic banking in all over the world
some banks are practicing it but not getting some good results at all
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Mon Jul 16, 2012 9:20 am |
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Akeieit
New Poster
Cash: $ 0.40
Posts: 2
Joined: 17 Jul 2013
Location: Auckland |
According to me Islamic banking is the best banking system as compare to other banking system. Its free of interest. I like Islamic banking because its very good and easy.
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Wed Jul 17, 2013 6:23 am |
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Mr.Madura
New Member
Cash: $ 1.00
Posts: 5
Joined: 23 Sep 2013
Location: Geneva |
Islamic banking is better than secular banking because Islamic banking scope beyond the economic consideration as compare to secular banking. In secular banking there is missing spiritual content which demotivate people in the way of success.
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Tue Sep 24, 2013 8:05 am |
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