Islamic banking is an interest free banking system and is governed by the principles laid down by Islamic Sharia'h. Commonly Islamic modes used for saving deposits is Mudharaba and Qarz for current deposits while Murabaha, Ijarah, Diminishing Musharakah and other modes used for financing.

Individual Task

Select any Islamic Bank in KSA

Select any two Product (Instrument), to get the details Use electronic databases, bank websites or visit chosen Islamic Bank in your area interviews with experts and Make comparison what you have studied in your course and state your opinion regarding the theory and Practice