Islamic banking uses a number of Shariah compliant instruments to undertake its activities: such as Mudarabah, Musharakah, Murabahah, Istisnah, and Salam. Considering that Shariah compliance essentially is discouraging debt, unlike its conventional counterpart,...
Paradigm means world-view, or the way people view the world and things surrounding it. Islamic paradigm will be based on the primary sources of Islam’s belief system, which is Qur’an (the Holy Book revealed by God) and Hadith (the saying of the Prophet Muhammad)....
