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Islami Bank Bangladesh PLC. (IBBPLC) (Bengali: ইসলামী ব্যাংক বাংলাদেশ পিএলসি.), more commonly known as Islami Bank, 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 ...
www.isdb.org. The Islamic Development Bank (Arabic: البنك الإسلامي للتنمية, abbreviated as IsDB) is a multilateral development finance institution that is focused on Islamic finance for infrastructure development and located in Jeddah, Saudi Arabia. [1] There are 57 shareholding member states with the largest single ...
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 ...
Website. www.bankislam.com. 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 has extended its services to the broader population.
Website. www.bibd.com.bn. 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. [2][3][4]
Islamic banking and finance has its own products and services that differ from conventional banking. [1][2] These include Mudharabah (profit sharing), Wadiah (safekeeping), Musharakah (joint venture), Murabahah (cost plus finance), Ijar (leasing), Hawala (an international fund transfer system), Takaful (Islamic insurance), and Sukuk (Islamic ...
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