ISLAMIC BANKING WHY ISLAMIC BANKING? HISTORY IN PAKISTAN SERVICES OF IBs ISLAM A COMPLETE RELIGION vTeachings about all spheres of life . vRules of ISLAM are also in favor…
1. November 2008 2. The WIIFM factor (What’s In It For Me?) Definition of Interest Interest in Quran Interest in Hadith Types of Riba/Interest Why Interest is such a Sin?…
Slide 1 THE PROHIBITION OF RIBA Slide 2 DEFINITION The basic principle of Islamic financial system is the prohibition of riba (Usury). The Arabic word: riba, literally…
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