BASIC UNDERSTANDING OF ISLAMIC FINANCE BY SIR UMER SIDDIQUI
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Islamic banking and finance presentation outlines the following main objectives: 1) To understand Sharia rulings regarding acts of worship and transactions; 2) Explain the conceptual differences between capitalism and the Islamic economy; 3) Discuss the implementation of asset-backed financing; 4) Address the role of capital and entrepreneurship in the Islamic economy; 5) Outline the present practices of Islamic banks. The presentation also notes that a perfect combination of Allah, self, society, economics and finance is required by Islam.
BASIC UNDERSTANDING OF ISLAMIC FINANCE BY SIR UMER SIDDIQUI
- 1. Presentation On: Some preliminary points with respect to Islamic Banking and Finance 16 safar ba mutabik 1435 hijri (Juma tul Mubarak)
- 2. Main objectives of our presentation: • To understand the shariah` rulings with respect to ibbadat and mumlaat. • Conceptual difference between Capitalism and Islamic Economy. • Implementation of Asset-backed financing. • Capital and entrepreneur in Islamic Economy. • Present practices of Islamic Banks.
- 7. Islamic rules and guidelines: A perfect combination is required by Islam
- 8. The basic difference between capitalism and Islamic Economy:
- 11. Present practice of Islamic banking
- 12. Present practice of Islamic banking Q : There are many Islamic Banking clause not according to Shariha ? Justics Molana Taqi Usmani : If you are Stand in fully and complete in Mud . You first step to remove One Lag first and then 2nd Lag.