ISLAMIC BANKING AND FINANCE

Authors

  • Zarnigor Alijonova The student of Tashkent institute of finance Author

Keywords:

Islamic economy, Islamic banking, Islamic banks, Islamic financial system, principles of Islamic finance

Abstract

Islamic banking is grounded in the tenets of the Islamic faith as they relate to commercial transactions. The principles of Islamic banking are derived from the Quran–the central religious text of Islam. In Islamic banking, all transactions must comply with Shariah, the legal code of Islam (based on the teachings of the Quran). The rules that govern commercial transactions in Islamic banking are referred to as fiqh almuamalat.

References

Published

2022-05-10

How to Cite

Alijonova , Z. . (2022). ISLAMIC BANKING AND FINANCE. Eurasian Journal of Academic Research, 2(5), 451-456. https://www.in-academy.uz/index.php/EJAR/article/view/2058
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