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Title: | COMPARATIVE STUDY OF ISLAMIC BANKING WITH CONVENTIONAL BANKING SYSTEM |
Authors: | RAHIN, BASHIR AHMAD |
Keywords: | ISLAMIC BANKING CONVENTIONAL BANKING SYSTEM |
Issue Date: | Jun-2020 |
Series/Report no.: | TD-4869; |
Abstract: | Islamic banking is considered as alternative to conventional banking. It focuses on profit/loss and risk sharing, than interest based deposit/lending followed in conventional banking. The main regulation governing utilization of funds in the islamic context prohibition of transactions on a 'Riba' (interest) basis. Shari'a prohibited usury absolutely, regardless of its percentage, whether it was high or low and the usury gain is forbidden. |
URI: | http://dspace.dtu.ac.in:8080/jspui/handle/repository/17964 |
Appears in Collections: | MBA |
Files in This Item:
File | Description | Size | Format | |
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2K18MBA122- Bashir Ahmad.pdf | 7.57 MB | Adobe PDF | View/Open |
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