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Sharia and Banking
Essay # 70120
Sharia and Banking
An examination of the impact of Islamic law on banking practices.
1,840 words (approx. 7.4 pages) |
9 sources |
APA | 2003
Paper Summary:
This paper explores the views of Islamic law, also known as Sharia, on banking, including the prohibition of interest. The paper studies the banking products offered by a bank called Noriba, and asks whether Noriba's products are in keeping with Sharia. The paper concludes with a discussion of the ramifications of Islamic banking on globalization.From the Paper:
"Commercial banking has been a part of the Western business world for hundreds of years. It is common for Westerners to deposit money into an institution and receive interest on that money. The financial institutions..."More papers on Sharia and Banking:
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APA Citation:
Sharia and Banking (2012, January 15). Retrieved February 10, 2012, from http://www.academon.com/Essay-Sharia-and-Banking/70120
MLA Citation:
"Sharia and Banking" 15 January 2012. Web. 10 Feb. 2012. <http://www.academon.com/Essay-Sharia-and-Banking/70120>
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