Publication:

Maqasid driven Islamic banking some suggested baby steps

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Date
2013
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Abstract
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.
Keywords
Islamic finance , Islamic banking
Citation
Mohamed Ibrahim, S. H. (2013). Maqasid driven Islamic banking some suggested baby steps. NewHorizon, (September 2013), 28-29.
Publisher
Institute of Islamic Banking and Insurance
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