Theoritical foundations of the conversion towards the islamic banking system
Other Title(s)
الأسس النظرية للنظام التحويلي للمصارف الإسلامية
Joint Authors
Bouaita, Abd al-Razzaq
Bin Husayn, Ihsan Salah al-Din
Source
Journal of International Economy and Globalization
Issue
Vol. 2, Issue 1 (31 Mar. 2019), pp.1-10, 10 p.
Publisher
Ziane Achour University of Djelfa
Publication Date
2019-03-31
Country of Publication
Algeria
No. of Pages
10
Main Subjects
Topics
Abstract 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.
American Psychological Association (APA)
Bouaita, Abd al-Razzaq& Bin Husayn, Ihsan Salah al-Din. 2019. Theoritical foundations of the conversion towards the islamic banking system. Journal of International Economy and Globalization،Vol. 2, no. 1, pp.1-10.
https://search.emarefa.net/detail/BIM-1288536
Modern Language Association (MLA)
Bouaita, Abd al-Razzaq& Bin Husayn, Ihsan Salah al-Din. Theoritical foundations of the conversion towards the islamic banking system. Journal of International Economy and Globalization Vol. 2, no. 1 (2019), pp.1-10.
https://search.emarefa.net/detail/BIM-1288536
American Medical Association (AMA)
Bouaita, Abd al-Razzaq& Bin Husayn, Ihsan Salah al-Din. Theoritical foundations of the conversion towards the islamic banking system. Journal of International Economy and Globalization. 2019. Vol. 2, no. 1, pp.1-10.
https://search.emarefa.net/detail/BIM-1288536
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references : p. 10
Record ID
BIM-1288536