Tutorial 1 Why does the end result of Islamic Banking and - TopicsExpress



          

Tutorial 1 Why does the end result of Islamic Banking and Conventional Banking appear to be the same? Answer: The validity of a transaction does not depend on the end result of the transaction . Rather, it would depend on the process and activities executed and the sequence thereof in reaching the end. Therefore, while the end result of 2 transactions may seem similar, the transaction performed according to the rule of Shariah will be the one deemed HALAL and the one that does not may be questionable . Wallahu alam
Posted on: Mon, 19 Jan 2015 11:15:53 +0000

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