About this document
Overview of Islamic Banking Principles by Nur Hayuzie is a document available to read on EtoBox.
This document summarizes an article about the growth of Islamic banking. It discusses how the first modern Islamic bank was established secretly in Egypt in 1963 to avoid being seen as fundamentalist. Since then, Islamic banking has grown, with over 30 Islamic banks globally. The document outlines the key principles of Islamic banking, including being interest-free based on Sharia law. It traces the establishment of several early Islamic banks in the Middle East and Southeast Asia between the 1960s-1980s.
- Author
- Nur Hayuzie
- Language
- EN