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Islamic Banking and Finance

Islamic Banking and Finance

von Zubair Hussain
Softcover - 9783843389433
49,00 €
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Beschreibung

To replace interest, the ideal mode of financing under the Islamic banking system is "Financing on Profit & Loss Sharing" (PLS) basis. Qard Hasanah are for the benefit of the individuals and the society at large. To safe-guard the interest of depositors/investors, these type of loans, as a matter of policy, do not constitute a significant source of financing by Islamic banks. However, if in any country, the Islamic System of Zakat is established and the Islamic State treasury starts functioning, the requirements of Qard Hasanah would primarily be met by the treasury.

Alternate to Conventional System

Details

Verlag LAP LAMBERT Academic Publishing
Ersterscheinung Dezember 2010
Maße 22 cm x 15 cm x 0.5 cm
Gewicht 113 Gramm
Format Softcover
ISBN-13 9783843389433
Seiten 64