Islamic Finance

[nasa]

Salam alekom,

What do you know about Islamic Finance; is there a pure Islamic banking exist or is it just a Propaganda, nothing more!


Salam Alekom

[muslim_looking]

slam aliukm sister
we have here in egypt islamic banks they are applying Islamic rules
by the way more of back in Arab gulf change to be Islamic BANK
and something else i have heard from news that in china they will setting up ISLAMIC BANK

all studies approval that ISLAMIC BANK IS MUCH MORE PROFITABLE

im sure if are applying Islamic rules in investing and in trading all over the world im sure we will not find anymore poore people and nor more bankruptcy companies

if u want explain anything let me know

[Optimist]

This is a big question

you need to be very specific .. i.e. what transaction and which organisation and how it is conducted .. etc.

once you've known that, do your research and take your question to a scholar (i.e. not me).

However, you are right to be cautious, there is a lot of stuff out there that is mislabelled as "Islamic"

May Allah guide us to the correct path. Amin.