Can I read Wadi on EtoBox?

Wadi by Noman H Chowdhury is a document available to read on EtoBox.

What is Wadi about?

The document discusses key concepts in Islamic finance including wadiah, amanah, and hibah as they relate to Islamic banks. Under wadiah, banks can use customer deposits but are fully liable for any losses. Amanah requires banks to maintain 100% reserves of deposits and not use the funds. Hibah refers to voluntary gifts given by borrowers to lenders without expectation of material benefit, and Islamic banks sometimes give hibah to retain customers and increase funding.

Author

Noman H Chowdhury

Language

EN