Overview on the Islamic Banks Operations
The Islamic finance and Islamic banks achieved significant progress in the past two decades.Islamic banks provide different products and services to their clients; the Islamic banks’ operations and Islamic finance are based on the principles and mechanisms derived from the provisions of Islamic law.Their characteristics are composed by the exclusion of the interest rate,sharing of profits and losses,risk and uncertainty,asset-backed financing and so on.The establishment of these principles,especially the principle of justice through the prohibition of usury and the adoption of profit-sharing principle make people do not feel aggrieved and exploitation.It proved that the world should welcome the Islamic finance and Islamic banks,not hamper them.
Islamic finance characteristics Islamic banks’ operations Sharia Riba
SARA Bouriouche YING Zhang
Business school,Hohai University,Nanjing,China,210098
国际会议
大连
英文
383-388
2013-06-29（万方平台首次上网日期，不代表论文的发表时间）