The Islamic bank deposits compensatory balances in the interest-based bank to avoid the emergency interest "Riba" resulting from the account overdraft

Fatawa Question

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Fatwa

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Publisher

Aafaq Center for Research in Islamic Economy

Publication Date

2015-07-27

Country of Publication

United Arab Emirates

Main Subjects

Economics & Business Administration
Financial and Accounting Sciences
Islamic Studies

Topics

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-723867

American Psychological Association (APA)

Aafaq Center for Research in Islamic Economy (Dubai, United Arab Emirates). 2015-07-27. The Islamic bank deposits compensatory balances in the interest-based bank to avoid the emergency interest "Riba" resulting from the account overdraft. . Dubayy United Arab Emirates : Aafaq Center for Research in Islamic Economy.
https://search.emarefa.net/detail/BIM-723867

Modern Language Association (MLA)

Aafaq Center for Research in Islamic Economy (Dubai, United Arab Emirates). The Islamic bank deposits compensatory balances in the interest-based bank to avoid the emergency interest "Riba" resulting from the account overdraft. Dubayy United Arab Emirates : Aafaq Center for Research in Islamic Economy. 2015-07-27.
https://search.emarefa.net/detail/BIM-723867

American Medical Association (AMA)

Aafaq Center for Research in Islamic Economy (Dubai, United Arab Emirates). 2015-07-27. The Islamic bank deposits compensatory balances in the interest-based bank to avoid the emergency interest "Riba" resulting from the account overdraft. Dubayy United Arab Emirates : Aafaq Center for Research in Islamic Economy.
https://search.emarefa.net/detail/BIM-723867