Theoritical foundations of the conversion towards the islamic banking system

الملخص EN

From the fact that the banks play a financial intermediary role between the surplus holders and the disability holders.

Islamic banks emerged in order to mobilize savings of individuals that do not want to deal with conventional banks relying on the rate of interest – which does not differ from riba which is forbidden by sharee'ah.

Due to the large expansion and effective role that islamic banks play in the economy, many conventional banks have opened branches or even new banks that operate under financing tools that do not rely on the interest rate prohibited by sharee'ah.

This has led to the emergence of the terms of transformation and openness to islamic banking.