تألق الخدمات المصرفية الإسلامية: استكشاف متعمق للخدمات والميزات

Islamic Banking Brilliance: An In-depth Exploration of Services and Features

Authors

  • Muhammad Asim Allama Iqbal Open University Islamabad

Keywords:

Islamic Banking, Development, Renaissance, Emergence

Abstract

The emergence and development of Islamic Banks are the results of the the  practical application of Islamic law in people’s lives. Now   People are able to bring their money to these Islamic banks , work with them and invest them in various projects without any fear of Riba. These banks deals with people’s money with special system and method   of Mudarabah, Musharakah and Murabaha etc , so they have their own relations and investment methods with central bank . So, the Islamic banks  with  their contemporary  application are an important aspect of the Islamic economic system. The Islamic banking ensures to mobilize the available resources at every level in order to work for the benefit of comprehensive development in the Islamic countries according to the different circumstances and needs. By providing the necessary financing for commercial , service , industrial and agricultural economic activities , Islamic Banks play an important role in developing and renaissance of economic system. Therefore, Islamic banks successfully achieved the constructive and preventive goals. This article presents the main concept of Islamic banking, its emergence and development, its characteristics and services.

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Published

2024-01-01

How to Cite

Muhammad Asim. 2024. “تألق الخدمات المصرفية الإسلامية: استكشاف متعمق للخدمات والميزات: Islamic Banking Brilliance: An In-Depth Exploration of Services and Features”. AL-USWAH Research Journal 4 (1). https://idr.com.pk/ojs3308/index.php/aluswa/article/view/87.