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Author:Temple, P.
Title:Islamic Banking: Principles as well as roots
Journal:Accountancy
1992 : JULY, p.46-47
Index terms:MIDDLE EAST
INVESTMENTS
MONETARY POLICY
Language:eng
Abstract:The Islamic doctrine influences the banking style.For day to day banking activity, several financial means have been developed that satisfy Islamic doctrine. The fields in which Islamic banks are most active are in trade and commodity finance, property and leasing. The most controversial aspect of Islamic banking is that some Islamic institutions may unwittingly become a channel for the laundering of profits from illicit drugs trafficking.
SCIMA record nr: 110367
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