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Islamic banking, Islamic finance ( Arabic: مصرفية إسلامية masrifiyya 'islamia ), or Sharia-compliant finance [1] is banking or financing activity that complies with Sharia (Islamic law) and its practical application through the development of Islamic economics. Some of the modes of Islamic finance include mudarabah (profit-sharing and loss-bearing), wadiah (safekeeping), musharaka ...
BankIslami Pakistan LTD. ( بینک اسلامی پاکستان لمیٹڈ) is a Pakistani Islamic bank based in Karachi, Pakistan. [2] It has 400+ branches in 150 cities in Pakistan. It is the first Islamic commercial bank to receive the Islamic banking license under the Islamic banking policy of 2003 from the State Bank of Pakistan on March ...
Bank Islam Malaysia Berhad ( Jawi: بڠك اسلام مليسيا برحد) is an Islamic bank based in Malaysia that was established in July 1983. [1] Bank Islam was established primarily to assist the financial needs of the country's Muslim population, and extended its services to the broader population. The bank currently provides Sharia -compliant card services and mobile banking.
Protestantism and Islam entered into contact during the early-16th century when the Ottoman Empire, expanding in the Balkans, first encountered Calvinist Protestants in present-day Hungary and Transylvania. As both parties opposed the Austrian Holy Roman Emperor and his Roman Catholic allies, numerous exchanges occurred, exploring religious ...
Islamic finance products, services and contracts are financial products and services and related contracts that conform with Sharia (Islamic law). Islamic banking and finance has its own products and services that differ from conventional banking.
Bank Islam Brunei Darussalam ( BIBD) is the main Islamic financial institution and the largest bank in Brunei. [1] With the biggest network of branches and ATMs strategically placed throughout Brunei's four districts, BIBD has its headquarters situated in Bandar Seri Begawan.
Iqbal Khan (born February 13, 1957) is the founding board member and chief executive officer of Fajr Capital, and a member of the board of directors of Jadwa Investment in Saudi Arabia, Bank Islam Brunei Darussalam in Brunei and MENA Infrastructure Fund.
Islami Bank Bangladesh PLC. (IBBPLC.) ( Bengali: ইসলামী ব্যাংক বাংলাদেশ পিএলসি) is an Islamic banking company based in Bangladesh. It became incorporated on 13 March 1983 as a public limited company under the Companies Act 1913 and started operation on 30 March, the same year. [7] IBBPLC maintains its own ATM Booths with a country-wide shared ...