Islamic finance Faqs
Islamic financial is similar to the values away from Sharia. An option factor is that they works as opposed to interest, which is not permitted in Islam, as money alone isn’t considered to be an item from which you might money.
New Islamic bank system spends real trading factors supported that have genuine possessions. Consequently Islamic financial institutions, such as for instance Al Rayan Bank, don’t conduct business unless of course he’s got a secured asset to let the order becoming accomplished.
How can we make it easier to?
Islamic financial institutions are also maybe not permitted to play with economic instruments you to definitely depend on speculation, and that present a premier element of risk so you’re able to a bank, and also the assets and dumps of the consumers. Continue reading Consequently, Al Rayan Bank’s items provide users the standard regulatory user security