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Interest-Free Banking: The Rationales for Prohibition of Interest Interest-Free Banking Its Opportunities and Challenges - The case of Ethiopia - Softcover
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Today, interest-free banking has become an undeniable reality. It has been introduced and accepted widely in many countries of the world including Muslims as well as non-Muslim dominated countries. The underlying principle of Islamic banks is the principle of justice which is an essential requirement for all kinds of Islamic financing. The prohibition of interest and speculation, as well as the sharing of profit and loss between the bank and the customer, are the basic principles. The Islamic financial system employs the concept of participating in lawful business opportunities, utilizing the funds at risk on a profit-and-loss-sharing basis. Through this system, Islamic banking opens windows of opportunities for countries who have implemented it. However, to achieve such benefits, suitable working environment is a mandatory. The financial environment should be free from obstacles and it should be well-situated for the banking system and it should permit all the activities of the bank to be implemented.
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Über die Autorin bzw. den Autor
Abdurahman Jemal is Lecturer and Researcher at Haramaya University (Ethiopia) in the College of Business and Economics. He has received his MSc Degree in Accounting and Finance from Addis Ababa University (Ethiopia) and Post Graduate Diploma in Islamic Banking and Insurance from Institute of Islamic Banking and Insurance, London.
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Interest-Free Banking
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LAP LAMBERT Academic Publishing Sep 2011, 2011
ISBN 10: 3846500429
ISBN 13: 9783846500422
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Taschenbuch. Zustand: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -Today, interest-free banking has become an undeniable reality. It has been introduced and accepted widely in many countries of the world including Muslims as well as non-Muslim dominated countries. The underlying principle of Islamic banks is the principle of justice which is an essential requirement for all kinds of Islamic financing. The prohibition of interest and speculation, as well as the sharing of profit and loss between the bank and the customer, are the basic principles. The Islamic financial system employs the concept of participating in lawful business opportunities, utilizing the funds at risk on a profit-and-loss-sharing basis. Through this system, Islamic banking opens windows of opportunities for countries who have implemented it. However, to achieve such benefits, suitable working environment is a mandatory. The financial environment should be free from obstacles and it should be well-situated for the banking system and it should permit all the activities of the bank to be implemented. 120 pp. Englisch. Bestandsnummer des Verkäufers 9783846500422
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Interest-Free Banking
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Zustand: New. PRINT ON DEMAND pp. 120. Bestandsnummer des Verkäufers 1898160842
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Interest-Free Banking
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Zustand: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Autor/Autorin: Yesuf Abdurahman JemalAbdurahman Jemal is Lecturer and Researcher at Haramaya University (Ethiopia) in the College of Business and Economics. He has received his MSc Degree in Accounting and Finance from Addis Ababa University (Ethio. Bestandsnummer des Verkäufers 5494914
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Interest-Free Banking : The Rationales for Prohibition of Interest Interest-Free Banking Its Opportunities and Challenges - The case of Ethiopia
Verlag:
LAP LAMBERT Academic Publishing, 2011
ISBN 10: 3846500429
ISBN 13: 9783846500422
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Taschenbuch. Zustand: Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - Today, interest-free banking has become an undeniable reality. It has been introduced and accepted widely in many countries of the world including Muslims as well as non-Muslim dominated countries. The underlying principle of Islamic banks is the principle of justice which is an essential requirement for all kinds of Islamic financing. The prohibition of interest and speculation, as well as the sharing of profit and loss between the bank and the customer, are the basic principles. The Islamic financial system employs the concept of participating in lawful business opportunities, utilizing the funds at risk on a profit-and-loss-sharing basis. Through this system, Islamic banking opens windows of opportunities for countries who have implemented it. However, to achieve such benefits, suitable working environment is a mandatory. The financial environment should be free from obstacles and it should be well-situated for the banking system and it should permit all the activities of the bank to be implemented. Bestandsnummer des Verkäufers 9783846500422
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Interest-Free Banking
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LAP LAMBERT Academic Publishing Sep 2011, 2011
ISBN 10: 3846500429
ISBN 13: 9783846500422
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Taschenbuch. Zustand: Neu. This item is printed on demand - Print on Demand Titel. Neuware -Today, interest-free banking has become an undeniable reality. It has been introduced and accepted widely in many countries of the world including Muslims as well as non-Muslim dominated countries. The underlying principle of Islamic banks is the principle of justice which is an essential requirement for all kinds of Islamic financing. The prohibition of interest and speculation, as well as the sharing of profit and loss between the bank and the customer, are the basic principles. The Islamic financial system employs the concept of participating in lawful business opportunities, utilizing the funds at risk on a profit-and-loss-sharing basis. Through this system, Islamic banking opens windows of opportunities for countries who have implemented it. However, to achieve such benefits, suitable working environment is a mandatory. The financial environment should be free from obstacles and it should be well-situated for the banking system and it should permit all the activities of the bank to be implemented.VDM Verlag, Dudweiler Landstraße 99, 66123 Saarbrücken 120 pp. Englisch. Bestandsnummer des Verkäufers 9783846500422
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Interest-Free Banking | The Rationales for Prohibition of Interest Interest-Free Banking Its Opportunities and Challenges - The case of Ethiopia
Verlag:
LAP LAMBERT Academic Publishing, 2011
ISBN 10: 3846500429
ISBN 13: 9783846500422
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Taschenbuch. Zustand: Neu. Interest-Free Banking | The Rationales for Prohibition of Interest Interest-Free Banking Its Opportunities and Challenges - The case of Ethiopia | Abdurahman Jemal Yesuf | Taschenbuch | 120 S. | Englisch | 2011 | LAP LAMBERT Academic Publishing | EAN 9783846500422 | Verantwortliche Person für die EU: BoD - Books on Demand, In de Tarpen 42, 22848 Norderstedt, info[at]bod[dot]de | Anbieter: preigu. Bestandsnummer des Verkäufers 106795388
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Interest-Free Banking : The Rationales for Prohibition of Interest Interest-Free Banking Its Opportunities and Challenges - The case of Ethiopia
Verlag:
LAP LAMBERT Academic Publishing, 2011
ISBN 10: 3846500429
ISBN 13: 9783846500422
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Zustand: Sehr gut. Zustand: Sehr gut | Sprache: Englisch | Produktart: Bücher | Today, interest-free banking has become an undeniable reality. It has been introduced and accepted widely in many countries of the world including Muslims as well as non-Muslim dominated countries. The underlying principle of Islamic banks is the principle of justice which is an essential requirement for all kinds of Islamic financing. The prohibition of interest and speculation, as well as the sharing of profit and loss between the bank and the customer, are the basic principles. The Islamic financial system employs the concept of participating in lawful business opportunities, utilizing the funds at risk on a profit-and-loss-sharing basis. Through this system, Islamic banking opens windows of opportunities for countries who have implemented it. However, to achieve such benefits, suitable working environment is a mandatory. The financial environment should be free from obstacles and it should be well-situated for the banking system and it should permit all the activities of the bank to be implemented. Bestandsnummer des Verkäufers 11192832/2
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