Islamic banking - the prospects for mudharabah and musyarakah financing

Abstract

Ideally, Islamic bank is not merely an interest-free bank that is not involved with any form of interest on loans and deposits. It is also not simply a bank which refrains financing services and commodities prohibited Neither is it just a development or investment bank nor a financial intermediary whose operations are linked with profit-and-loss sharing. in Islam. as Islamic bank is rather perceived as an institution with integrated features which at the same time can be considered positive, investment, and development bank. social, a Above all the "Islamicity" of the bank is subjected to another important requirement that it must be ideologically Islamic in its operation. In view of present situation of the muslim ummah who often considered Islamic bank as a stepping stone towards Islamising the economy, the bank entrusted with a gigantic task.