Islamic Banking & Finance
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a year agoContributor-Level 10
Islamic Banking is a growing industry filled with potential and brimming with opportunities for personal and professional growth. The following are some salient features that suggest room for growth:
- Global Expansion: Islamic banking and finance is moving beyond its traditional markets in the Middle East and Southeast Asia and is gaining ground in Western countries like the UK and the USA.
- Regulatory Acceptance: To make Islamic finance more accessible and to promote its expansion, several international financial centres have modified their regulatory frameworks to accept it.
- Growing Demand: There is an increasing need for financial servic
New answer posted
a year agoContributor-Level 10
Islamic banking, also referred to as Islamic finance or Shariah-compliant finance, refers to financial activities that adhere to Shariah (Islamic law). Two fundamental principles of Islamic banking are the sharing of profit and loss and the prohibition of the collection and payment of interest by lenders and investors.
New answer posted
a year agoContributor-Level 10
Riba is an Arabic word for interest paid on loan money or usury. The word riba, literally means excess or addition. Islamic Banking and Finance does not work on riba as it is prohibited under Islamic law.
New answer posted
3 years ago
Contributor-Level 8
New answer posted
3 years ago
Scholar-Level 16
- Amity University
- NMIMS
-NSHM Durgapur.
New answer posted
4 years ago
Scholar-Level 16
- PGDM in Banking by ICICI/ HDFC/ Symbosis
- PGDM un Banking from NIA, NIBM, FMS, IIFT etc. - distance PGDM courses in banking
For PGDM courses one just require graduation. Best wishes.
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