ISLAMIC BANKING & FINANCE INFORMATION

Understanding of the Socialist Economic System (Socialism)

2011-11-03T21:19:00.000-07:00

The characteristics of the Socialist economic system Prefer the togetherness (collectivism). - Community is considered as the only social reality, individuals are fiction. - No recognition of personal rights (individual) in a socialist system. The role of government is very strong - The government is active starting from planning, implementation to monitoring stage. - The means of production

Understanding of the Capitalist Economic System (Capitalism)

2011-11-03T21:07:00.000-07:00

The characteristics of the Capitalist economic system : Wide recognition of personal rights. Ownership of the means of production in the hands of individuals. Inidividu free choice of employment / business are considered to be good for him. Economy governed by market mechanisms Functioning markets provide a "signal" to producers and consumers in the form of prices. Government intervention kept

Understanding of the Mixed Economic System

2011-11-03T20:53:00.000-07:00

Mixed economic system is a mix between the capitalist and socialist systems, which take a middle line between freedom and control, which means also the center line between the absolute role of the state / collective and the role of prominent individuals. The center line tailored to the circumstances in which the fusion took place, so the role of the environmental situation and gives color to the

Islamic Economics as a Solution to the right in the face of the Global Economic Crisis

2011-11-03T20:22:00.000-07:00

Indonesia's economic crisis is still ongoing and not yet showed signs of recovering soon. Our budget is still being drained in large numbers to pay debt interest expense both external debt and domestic debt interest in the form of interest on the bonds recap conventional banks. State funds should be used for hundreds of trillions of empowerment of the poor, but rather for the

Business Ethics in Islamic Law Perspective

2011-10-22T09:40:00.000-07:00

Talks about "business ethics" in most businesses seem contradictory paradigms of thought interminis (contradictory in itself) or oxymoron; where there may be a clean business, not every person who dared to enter the business means he must have the courage (at least) "dirty-handed ". Moreover, there is one view that the issue of business ethics often arise regarding the living death of a

System of Mixed Economy in the World of Banking

2011-10-22T09:34:00.000-07:00

Privacy Policy

2011-10-22T08:47:00.001-07:00

Privacy Policy for http://islamicbankinginfo.blogspot.com/ If you require any more information or have any questions about our privacy policy, please feel free to contact us by email at ummi.lela88@gmail.com. At http://islamicbankinginfo.blogspot.com/, the privacy of our visitors is of extreme importance to us. This privacy policy document outlines the types of personal

OVERVIEW OF ISLAMIC BANKING IN INDONESIA

2011-10-16T23:45:00.000-07:00

The development of Islamic banking system in Indonesia is carried out within the framework of a dual-banking system or a dual banking system within the framework of the Indonesian Banking Architecture (API), to present alternatives to the more complete banking services to the people of Indonesia. Taken together, the system of Islamic banking and conventional banking synergistically support

Sharia Banking Development Policy in Indonesia (IB)

2011-10-16T23:31:00.000-07:00

To provide guidance to stakeholders and put the position of Islamic banking as well as the outlook of Bank Indonesia in developing sharia banking in Indonesia, Bank Indonesia later in 2002 had published a "Blueprint for Development of Islamic Banking in Indonesia". In its compilation, various aspects have been considered in a comprehensive manner, including the actual condition of the

Grand Strategy of Islamic Banking Market Development In Indonesia

2011-10-16T23:27:00.000-07:00

As a concrete step sharia banking development efforts in Indonesia, Bank Indonesia has formulated a Grand Strategy of Islamic Banking Market Development, a comprehensive strategy of development of the market who covers strategic aspects, namely: Determination of the vision 2010 as a leading Islamic banking industry in ASEAN, image formation The new national Islamic banking which is inclusive and

LET'S CHAT HERE...

2011-10-16T22:55:00.000-07:00

Leave Your Chat here......let's Exchange Link...

Link Exchange

2011-10-16T22:27:00.000-07:00

Welcome to the Blog Information Centers around the World Islamic Banking ... link exchange is one among many important things about the world's bloggers to exchange links .. we can exchange information and to link each other's one link with other links ... let's exchange links .... Name : Islamic Banking Information Link : http://islamicbankinginfo.blogspot.com/

HISTORY OF ISLAMIC DEVELOPMENT BANK IN INDONESIA

2011-10-07T12:12:00.000-07:00

Indonesia is one of the largest Islamic country in the world, this can be seen from the religious routine performed by the people of Indonesia as the holy days of Islam. as well as the development of banking in Indonesia particularly Islamic banking is in great demand by the people of Indonesia as this is in accordance with the basic principles that run the principle of mutual aid or principle of

PRINCIPLES / LAW COVERS THE ISLAMIC BANKING SYSTEM

2011-10-07T11:58:00.000-07:00

In Islamic Banking, there are some banking practices are strictly prohibited by Islamic law. some principles / laws adopted by the Islamic banking system are: Payment of loans with different values of the value of loans with predetermined values are not allowed. 2. Funders should also share the profits and losses as a result of institutional efforts to borrow funds.

HISTORY OF ISLAMIC BANKING

2011-10-07T11:26:00.000-07:00

Banking Sharia or Islamic Bank is also called the Banking Law which refers to the Islamic law governing procedures for the implementation of the recommended savings and loans within Islam itself. In general, banks perform three major functions, which accept deposits, lend money, and provide remittance services. Banking has been around since the time of the Prophet in the economic

THE MEANING OF ISLAMIC BANKING

2011-10-07T11:05:00.000-07:00

Basic Philosophy of Islamic Banking refers to the tenets of Islam which is based on the Qur'an, and Al-Ijtihad Alhadist. Islam teaches about the efforts to achieve happiness in the world and the hereafter, to achieve spiritual and physical happiness. This means in achieving happiness of the world must be done well to achieve happiness hereafter. Among them are in the field muamalah who

DOW JONES Islamic Market Indexes in August 2011

2011-09-08T13:03:00.000-07:00

The return of the bull stock markets globally at the end of August could not offset the sharp slump from the beginning of the month. This summer?s rollercoaster trading action mirrored a chain of multiple events with major economic impacts, such as civil wars in the Arab world or the downgrade of the United States. A closer look at the performances of the Dow Jones Islamic Market Indexes

ICS Financial Systems Promotes Islamic Finance Solutions

2011-09-08T13:00:00.000-07:00

ICS Financial Systems Ltd. - ICSFS, a leading company in the field of automation and computerization of banking systems, showcased its fully integrated banking solution software ICS BANKS ISLAMIC at the 2nd Annual Asia Islamic Banking Conference 2011, one of the series of Fleming Gulf’s Islamic Finance Conference in Asia, that was held in Kuala Lumpur, Malaysia from 4th - 5th July 2011, at

Islamic Certificate of Deposits Increase DH13Bn in H1

2011-09-08T12:56:00.000-07:00

Islamic certificates of deposits (CDs) issued by the UAE central bank in late 2010 soared by nearly Dh13 billion at theend of June as banks appear to investing heavily in such tools issued in the country for the first time. Total CDs, including conventional and Islamic CDs, slipped by around 1.3 per cent in June after a steady rise in the previous months but remained at one of their

GLOBAL ISLAMIC FINANCE

2011-09-08T12:43:00.000-07:00

“Major Islamic financial hubs such as those found in the Middle East, Asia and Europe are tapping into Islamic franchising opportunities around the world and collaborating working on a united front to further spur the Islamic financial industry forward” For a company with a product or service to sell, franchising provides an excellent opportunity for rapid expansion without an enormous

Trading Method Prophet Muhammad SAW

2011-07-01T04:39:00.000-07:00

Prophet Muhammad was a businessman and a reliable merchant. His vision in only one trade, namely: "That the transaction of business in no way intended to foster personal wealth, but instead to build the honor and glory of ethical business with eminence. The results obtained should be distributed to as many people. " Principles that he held enough 3 things only, namely: 1. honest 2.

Imitate the Prophet Muhammad in Trading

2011-07-01T04:23:00.000-07:00

More than 14 centuries ago, Muhammad. before reaching the level of his apostleship, has been recognized as a respected young businessman. To arrive at that level, not the easy path. As many entrepreneurs complain, Muhammad. did not have enough capital. Never mind the capital, he was just a simple life at home mendompleng his uncle, Abu Talib ra, the underprivileged. But trading is an art. Actual

Business-style Islamic Prophet

2011-07-01T04:16:00.000-07:00

Muhammad Messenger of Allah, our beloved prophet, was a prominent merchant of his day. Ever since a young age, he is seen as a success sudagar. Knowingly or not success could not be separated from the implementation of marketing activities - that is not only powerful but also according to sharia and, of course, full ridlo of God. If you are interested to apply, in addition to profit, God

Islam Iman and Ihsan, what is it ...???

2011-07-01T03:48:00.000-07:00

Deen Islam covers three things, namely: Islam, Iman and Ihsan. Islam speaks of birth problems, talk about inner faith, and ihsan covers both. Ihsan has a higher position of faith, and faith has a higher position than Islam. Islamization is not to be considered valid unless there is faith, because the consequences of creed includes the inner and outer. At the Angel Gabriel asked about the

A DISCUSSION WITH PROFESSOR SIDDIQI, About The Islamic Banking & Commodity Money

2011-06-21T16:30:00.000-07:00

The following is the text of an email dialogue with Professor Nejatullah Siddiqi on the subject of Islamic banking and commodity money, reproduced with Professor Siddiqi's kind permission. Tarek El Diwany: Assalamu `Alaikum Professor Siddiqi. It is a long time since we last spoke. I hope you are well, insha'Allah. I read your recent Harvard paper, discussing tawarruq, among other things.