Please enable JavaScript.

Coggle requires JavaScript to display documents.

Islamic Banking, Group 9A - Coggle Diagram

- - - - thus, as Zubayr was afraid that the money will be lost, he asked to keep the money on a loan (qard) basis instead of wadi'ah. as he said "No but make it as loans, indeed I'm worried about it missing"
  - - - Their action is similar to one of the services offered by modern banking such as credit transfer.
  - - - The first Islamic financial institution in Malaysia was Tabung Haji, which was established in 1963
        
        The first Islamic banking established in Malaysia in 1983 was Bank Islam which was regulated under the Islamic Banking Act 1983.
        
        Takaful was established in 1984 to provide support services to Islamic banking
        
        Malaysian Islamic Bank (example)
        
        Bank Islam
        
        RHB Islamic Bank Berhad
        
        Maybank Islamic
        
        HSBC Amanah
        
        CIMB Islamic
  - - - Also known as the father of modern Islamic Banking
      - Dr. Ahmad El-Naggar has established the Institute of Islamic Banking and Economics in Cairo which provides for the intellectual and operational needs of Islamic banks and the development of a new generation of Islamic financial talent.
        
        In 1973, the Islamic Development Bank (IDB) was established at the OIC (Organization of Islamic Conference) Conference of Foreign Ministers.
        
        OIC member states have joined the IDB and have helped develop Islamic banks in member states.
        
        The IDB is also actively involved in using bank funds to develop the global Muslim community
        
        Among the Islamic banks that were first established were Dubai Islamic Bank in 1975 followed by Faisal Islamic Bank of Sudan in 1977, Faisal Islamic Egyptian Bank and Islamic Bank of Jordan in 1978
- - - - must be free from the divine injunction
        
        riba
        
        gharar
        
        maysir
        
        others