Home Business & FinanceBusinessBusiness Banking Subscribe to RSS

What Does Islamic Banking Mean?

I want to learn definition of the Islamic banking.

Answer Question

1 Answer - Sort by: Date | Rating

    Islamic banking means banking according to the principles of Islam.As  Islam doesn't allow interest on money,so this banking is conducted and processed  without interest and it is termed as Ribah-free banking.
    0 0

    M_mirza  

    answered 3 years ago

      More

      More

       
       

      Ask a Question via Twitter

      Send a question to @askblurtit and we will publish it online and send you a reply everytime you receive an answer.

      Blurtit Store

      Get T-shirts, hoodies, caps and more at the Blurtit store

      Blurtit International