Quran | Sunnah | Media | LiveTV | icRadio | icTunes | icMarriage | icBazar | Donate |
October 7, 2015 | Dhul-Hijjah 23, 1436
 E D U C A T I O N
Unlawful Business
 B A N K I N G
Bank Accounts
Credit Cards
Debit Cards
Islamic Banking
 L O A N S
 I N V E S T M E N T
Mutual Funds
Critique of DJ Companies
Critique of Industries
 I N S U R A N C E

IslamiCity > Business & Finance > IC Finance > Islamic Banking
 Welcome to IC Finance Information & Services

 O ye who believe! Devour not usury, doubled and multiplied; but fear Allah.
that ye may (really) prosper. Qur'an 3:130 (Arabic) - Recite  

Islamic Banking

Evolution | Rationale | Anatomy | Literature: Theory 
 Literature: Practice | Conclusion | Glossary  
Appendix: Islamic Financial Institutions
| References


al-wadiah = safe keeping
bai'muajjal = deferred-payment sale
bai'salam = pre-paid purchase
baitul mal = treasury
fiqh = jurisprudence
Hadith = Prophet's commentary on Qur'an
hajj = pilgrimage
halal = lawful
haram = unlawful
ijara = leasing
iman = faith
mithl = like
mudaraba = profit-sharing
mudarib = entrepreneur-borrower
muqarada = mudaraba
murabaha = cost-plus or mark-up
musharaka = equity participation
qard hasan = benevolent loan (interest free)
qirad = mudaraba
rabbul-mal = owner of capital
riba = interest
Shariah = Islamic law
shirka = musharaka

Courtesy of Mohamed Ariff, University of Malaya


 A B O U T   U S
Contact Us: 
Join our mailing list
Email Address:
Choose a Newsletter:
Weekly Bulletin
Delivery Format:
Manage Subscriptions

Serviced 1,635,099,645 Requests Since January 2001
About Us | Contact Us | Site Map | Advertise | Recognitions | Privacy Policy  
Quran Search

Copyright 1995-2015, IslamiCity. All Rights Reserved.