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Islamic Finance Briefing - Categorized | Banking, Research more

Islamic Banking: Does it really do away with interest?

Posted on 29 December 2008

From Yalibnan.com: The rise of Islamic Banking over the past 40 years into an institutional financial structure spread over the globe has been a phenomenon that has attracted lots of interest. As is often the case whenever a new idea arises its rise is associated with many falsehoods, half truths and unfulfilled promises.

The whole concept of Islamic Banking rests on 4 Qoranic verses that speak against Ribaa
http://yalibnan.com/site/archives/2008/12/islamic_banking.php” target=”_blank”>Source

 
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Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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