ABMF3213: There are 3 main prohibitions in Islamic banking principles, namely, the prohibition of riba, the prohibition of gharar: Islamic Banking Assignment, KYPJ, Malaysia

School

KOLEJ YAYASAN PELAJARAN JOHOR (KYPJ)

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Assignment Type

Individual Assignment

Subject

ABMF3213: Islamic Banking

Uploaded by Malaysia Assignment Help

Date

25/02/2022
  • There are 3 main prohibitions in Islamic banking principles, namely, the prohibition of riba, the prohibition of gharar, and the prohibition of Maisie. Explain the three prohibited elements in detail and give examples for each of the prohibitions.
  • Discuss how the three prohibited elements are practised by conventional banks.
  • There are 5 objectives of Shariah. Discuss all the five objectives in detail and give examples for each objective.

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