It is form of partnership under which one party called rub-ul-amal provides finance for the business while other party utilizes his core expertise to run the business.
Rarely have the two overlapped: corporate shareholders have no interest in giving money away and development banks have little to offer profit-oriented investors.
Islam will Rule the Whole World They were kings of Midian, leaders of the army, which came against Israel in the days of Gideon.
Explaining the Hijab to the Non-Mulim.
Many businesses are looking to Saudi Arabia to put in a Call Centre.
Affect of Islamic Banking Without education on cultural gaps and indeed the gaps between the Western and islamic banking structures for all consulting firms, a constructive dialogue can not start.
If they want a loan or a mortgage, two million Muslims in the UK face an ethical dilemma.
Islamic Economic System The Islamic economic system is concerned with social justice to ensure that none of the parties involved in a transaction is being exploited without at the same time inhibiting individual enterprise.