Maqasid driven Islamic banking some suggested baby steps
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Although the Islamic finance and banking is going to hit the US$2 trillion mark sometime this year, there are many Muslims (academics, potential and current depositors and customers) who are sceptical about Islamic banking. Potential and current customers compare the mark ups charged by Islamic banks and whenever Islamic banking mark ups are higher than their interest-charging counterparts, they assume Islamic banking is not Islamic.
Islamic finance , Islamic banking
Mohamed Ibrahim, Shahul Hameed. (2013). Maqasid driven Islamic banking some suggested baby steps. NewHorizon, pp. 28-29. Retrieved from http://www.islamic-banking.com/NewHorizonDigital/IIBIsep2013/index_sep2013.html#
Institute of Islamic Banking and Insurance