BASIC UNDERSTANDING OF ISLAMIC FINANCE BY SIR UMER SIDDIQUI
1. Presentation On:
Some preliminary points with respect to
Islamic Banking and Finance
16 safar ba mutabik 1435 hijri (Juma tul Mubarak)
2. Main objectives of our presentation:
• To understand the shariah` rulings with
respect to ibbadat and mumlaat.
• Conceptual difference between Capitalism
and Islamic Economy.
• Implementation of Asset-backed financing.
• Capital and entrepreneur in Islamic Economy.
• Present practices of Islamic Banks.
12. Present practice of Islamic banking
Q : There are many Islamic Banking
clause not according to Shariha ?
Justics Molana Taqi Usmani : If you are Stand in
fully and complete in Mud . You first step to
remove One Lag first and then 2nd Lag.