Islamic banks more expensive than conventional banks : why Islamic banks are more expensive ?

السؤال

Assalamu Alaykum, I want to know why Islamic bank wear a title as a Shari’ah Based. One of my friend got loan from Islamic bank, if he is not able to pay the debt within 45 days. He must pay FINE. Instead of asking Interest they ask fine. Both are same. My Question is if he cannot pay money to the bank they should extend some grace period. There are no rights to ask fine / interest which is not Islamic based. Consider example, Wine, whiskey, Beer are all related to say Alcoholic Beverage likewise interest, fine also related to say Riba in this regards. Why Islamic bank asking extra money from debtor. They have the rights to ask only ACTUAL Amount of loan. Prophet (peace and blessings be upon him) declared that the wrath of Allah is on the Riba taker, giver, writer and witnesses. With Salaam

جواب الفتوى

أنقر هنالمشاهدة هذا المحتوى

تاريخ النشر

2008-02-05

التخصصات الرئيسية

العلوم المالية و المحاسبية
الدراسات الإسلامية

الموضوعات

• الفقه الإسلامي
• التمويل
• التكاليف
• القروض
• بيع المرابحة
• شركات التمويل التجاري
• الربا

عدد الصفحات

1

نوع البيانات

فتاوى

لغة النص

الإنجليزية

رقم السجل

BIM-730774

• APA
• MLA
• AMA