Pbs: Islam And Financing

This is a discussion on Pbs: Islam And Financing within the Islamic Finance & Banking forums, part of the Islamic Library category; Just stumbled upon this. Inshallah Islamic based banking will really take off in the future. YouTube - Pbs: Islam And Financing YouTube - Pbs: Islam ...


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Old 01-01-2010, 02:39 PM   #1
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Default Pbs: Islam And Financing

Just stumbled upon this. Inshallah Islamic based banking will really take off in the future.

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Old 02-20-2010, 09:18 AM   #2
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Default Re: Pbs: Islam And Financing

So far the majority of Islamic finance institutions are interest bearing banks with Islamic signposts, that's all. If it is a bank and opens accounts and gives out loans, it is involved in interest (they call it return or profit). They basically hire AshAAaree advisors who play around with the documents and declare with their tongues that this is now halal and is permissible in Islam.

Some had the audacity to say "We lend money based on the Islamic concept of Eina" as if Eina was anything but a forbidden sin, reported by Ibn Abbas to be the brother of Ribba and still forbidden by God and the prophet.
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Old 02-20-2010, 11:56 AM   #3
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Default Re: Pbs: Islam And Financing

Salam bro.

Yes I am aware of that, but Inshallah people will get more familiar with the ideea of islamic banking at least.
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Old 04-20-2010, 01:07 AM   #4
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May Allah reward you bro.
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Old 08-27-2010, 09:07 AM   #5
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Default Re: Pbs: Islam And Financing

In the Islamic banking sector, financiers are required to borrowers share of the risk that depositors are treated more like shareholders gaining meaning a share of profits. Financing offers similar lease acquisition, layaway plans, joint purchase and sale agreements, or partnerships.
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Old 08-27-2010, 01:44 PM   #6
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Default Re: Pbs: Islam And Financing

^
Quote:
financiers are required to borrowers share of the risk that depositors are treated more like shareholders gaining meaning a share of profits.
sorry I didn't get this, could you please elaborate? thanks
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Old 12-25-2010, 02:09 AM   #7
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Default Re: Pbs: Islam And Financing

The mainland Saudi leadership went into financial issues, defense issues, and they controlled the elite establishment in order to purchase support.
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