ISlamic Banking

Islamic Banking : 

Islamic Banking

History of Islamic banking : 

History of Islamic banking

History of Islamic banking in Pakistan : 

History of Islamic banking in Pakistan

Introduction to Islamic Banking : 

Introduction to Islamic Banking Under cons

Products of Islamic banking : 

Products of Islamic banking

Why Islamic banking products names are in Arabic? : 

Why Islamic banking products names are in Arabic?

How we can do interest free banking? : 

How we can do interest free banking?

Difference between Islamic banking and Conventional Banking : 

Difference between Islamic banking and Conventional Banking

Step one of Loan process : 

Step one of Loan process Islamic Bank Providing information for the reason of taking loan is must Requirement cause for loan must be legal Conventional bank Providing information for the reason of taking loan is optional Bank don’t concern with the requirement cause of loan

Step two : 

Step two Islamic bank Here bank is first party and client is second party First party said that second party must purchase any goods on the bank behalf Bank withdraw to all payment to client and bank said you’re are my agent you will purchase all products on my behalf Conventional bank Conventional bank not concerts after granted payment.

Step 3 : 

Step 3 Islamic bank After the loan granted in any case of robbery , snatching and loss of goods caused by natural deserters bank is responsible for any loss Conventional bank After the loan granted in any case of robbery , snatching and loss of goods caused by natural deserters bank is not responsible for any loss

Step 4 : 

Step 4 Islamic bank If the bank find that the product or loan amount lost b y the clients carelessness the bank doesn't take any responsibility and charge fine for that Conventional bank The bank doesn't take any responsibility in any case of loss

Step 5 : 

Step 5 After having purchase good agents must inform to bank if any case client doesn’t inform of bank and use goods .client responsible and they pay full payment and pay fine with the form of charity. Conventional bank Conventional bank not concerts after granted payment.

Step 6 : 

Step 6 Bank asked about the amount of product then ask for agreement to the agent who will automatically turned into client then the product will be granted to bank then bank will sale that product with profit which was decided by both bank and agent Bank will not ak for any thing accept the returning of amount with interest at chosen date

Causes of problems in Islamic banking : 

Causes of problems in Islamic banking