Dedicated to Those Who Lead with Passion for Islamic Finance at LB FINANCE

Al Baik

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  • Jan 5, 2011
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    BMx5M3u.jpeg
     

    sinhawanshaya

    Well-known member
  • Jul 28, 2024
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    අන්න හරි, මෙහෙම තමයි සින්හළ එවුන්ව අපෙ කකුල් ගාවට ගෙන්න ගන්න ඔනෙය් පොලිමෙ දණගහා ගෙන ණයක් ගන්නවන්න
     

    Little Hulk

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  • Aug 24, 2024
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    අන්න හරි, මෙහෙම තමයි සින්හළ එවුන්ව අපෙ කකුල් ගාවට ගෙන්න ගන්න ඔනෙය් පොලිමෙ දණගහා ගෙන ණයක් ගන්නවන්න
    වට්ටි හරාම්නෙ නානෝ
     

    SimMaster

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  • Dec 16, 2015
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    මොකද්ද බං ඔය ඉස්ලමික් බැංකින් කියන්නේ?
     

    Al Baik

    Well-known member
  • Jan 5, 2011
    15,097
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    Ohio, USA
    පොලිය හරාම් හින්දා "පොලිය" කියන වචනෙ වෙනුවට "fees, commission" වගේ වචනයක් දාලා කරන එක.
    Danna tharama thamai Ithin...

    මොකද්ද බං ඔය ඉස්ලමික් බැංකින් කියන්නේ?
    Islamic banking is a financial system based on Shariah principles, prohibiting interest (riba) and unethical practices.
    It operates on concepts like profit-sharing (Mudarabah),
    joint investment (Musharakah), and
    leasing (Ijarah),
    ensuring all transactions are asset-backed, ethical, and risk-shared, promoting fairness and social justice.



    Here are some key benefits of Islamic banking:

    1. Ethical Investments: Focuses on socially responsible and ethical financing, avoiding industries like alcohol, gambling, and speculation.
    2. No Interest (Riba-Free): Promotes fairness by eliminating exploitative interest rates, ensuring equitable profit-sharing.
    3. Asset-Backed Financing: All transactions are linked to tangible assets, reducing speculation and promoting stability.
    4. Risk Sharing: Encourages shared risks and rewards between the bank and clients, fostering a balanced financial relationship.
    5. Financial Inclusion: Provides opportunities for individuals and businesses that prefer ethical and Shariah-compliant financial solutions.
    6. Economic Justice: Aims to distribute wealth fairly and reduce economic disparity.
    7. Stability in Financial Crises: Asset-backed and risk-sharing principles reduce exposure to speculative bubbles and financial crashes.
    8. Focus on Real Economy: Promotes investments in productive sectors like infrastructure, manufacturing, and trade, boosting economic growth.
    9. Transparency: Requires clear agreements, ensuring fairness and reducing disputes.
    10. Global Reach: Serves Muslims and non-Muslims alike, offering alternative financial solutions in diverse markets.
     
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    Hyaenidae

    Well-known member
  • Apr 8, 2015
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    පොලිය හරාම් හින්දා "පොලිය" කියන වචනෙ වෙනුවට "fees, commission" වගේ වචනයක් දාලා කරන එක.

    And "profit".

    Banking apps have this; if you choose "Mudharabah" instead of "Fixed deposit" it literally changes the term "Interest payment" to "Profit payment" and that's the only difference there is 😂
     

    sinhawanshaya

    Well-known member
  • Jul 28, 2024
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    පොලිය හරාම් හින්දා "පොලිය" කියන වචනෙ වෙනුවට "fees, commission" වගේ වචනයක් දාලා කරන එක.
    fees, commission නෙමෙ ලු,
    profit-sharing (Mudarabah),
    joint investment (Musharakah), and
    leasing (Ijarah),