ISLAMIC AND CONVENTIONAL BANKING Cover Image

ISLAMSKO I KONVENCIONALNO BANKARSTVO
ISLAMIC AND CONVENTIONAL BANKING

Author(s): Enver Gicić, Sumeja Smailagić
Subject(s): History of Islam, Contemporary Islamic Thought, Financial Markets, Socio-Economic Research, Sociology of Religion
Published by: Rijaset Islamske zajednice u Bosni i Hercegovini
Keywords: Shariah; non-interest banking; conventional banking; Islamic banking; interest;

Summary/Abstract: The authors here aim to present the outlines of the two financial systems. One is the conventional system based on interest, and the other is the Islamic system which prohibits interest (er-riba). The Islamic model prefers cooperation between entrepreneur and financier, known as “the ownership” model of financing. Islamic banking, as such, is a discipline of economy that studies rules, principles, and systems of banking. Types of financing and financing tools as well as the marketing of the banking services are also subjects of its interest.

  • Issue Year: 2023
  • Issue No: 96
  • Page Range: 85-90
  • Page Count: 6
  • Language: Bosnian
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