I am interested in Islamic finance and l will like to start one on my own. I however don't know how to structure the products and the accounts to enable me sell it to prospective clients
Under the islamic savings account, is it compulsory to make an estimate of the profit to be shared; since, the project has not be undertaken.
Also, who and how is the profit and loss sharing ratio determined?
Sir I want to do course on Islamic banking in Arabic language so I want some detail of those course in Arabic.because I don't know much English .so plde guid me to learn and help me
i need for scolarship of islamic bank accounts
First of all I would like to appreciate you on the huge efforts you made on the subject of Islamic Finance.
Secondly, I have a question which goes like this: Do Islamic banks use the money their depositors deposit with them to finance in projects they (the Islamic banks) earn money from? If yes, how their depositors benefit from that since we know that Islamic banks don't pay any interest?
If a financial institution makes money out of my deposits with them and I don't get a single penny of their earnings, then how can that be fair?
Looking forward to hearing from you and thanks in advance!