Where sharia meets the AMA

Abdulaziz AlKhaldi
21 Apr 2011

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Islamic banking is banking in consonance with the ethos and value system of Islam and governed, in addition to conventional governance and risk management rules, by the principles laid down by sharia – laws imposed by the Koran and the jurisprudence of Islamic tradition and scholars. Islamic banking is expected not only to avoid interest-based transactions, prohibited by sharia, but also to avoid unethical practices and participate in achieving the goals and objectives of an Islamic economy.

The

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]