How a bank will be establish without interest

0 Vote(s) - 0 Average

How a bank will be establish without interest

Mujahid
Offline

Senior Member

Posts: 257
Threads: 3
Joined: Apr 2009
Reputation: 0

06-11-2009, 03:26 AM

Read some books on Islamic Banking and Finance. Islam prohibits interest but promotes trade. A bank can earn profit by not giving loans but by getting involved in musharakah. It may be a diminishing musharakah as well.

« Next Oldest | Next Newest »

Users browsing this thread: 1 Guest(s)

Messages In This Thread

How a bank will be establish without interest - by athal khan - 06-10-2009, 05:02 PM

[No subject] - by Mujahid - 06-11-2009, 03:26 AM

[No subject] - by athal khan - 07-06-2009, 04:47 PM

View a Printable Version
Subscribe to this thread