IDEAS home Printed from https://ideas.repec.org/a/alv/journl/v2y2020i1p135-148.html
   My bibliography  Save this article

Usurious Tricks in Islamic Banks

Author

Listed:
  • Maya Fetni

    (Badji Mokhtar University, Annaba (Algeria))

Abstract

The world has known in recent years escalation of what is known as Islamic banking financing through Islamic banks, its presence has been put forward as an alternative to other banks if individuals do not want to deal with interest, taking, and giving. This study aims to show the risks associated with the nature of the work of Islamic banks and to shed light on how to avoid dealing with interest as much as possible. This study reached many results, the most important of which is that what is called tricks often is a legitimate way out if it does not clash with the purposes of Sharia. Therefore, Islamic banks should diversify their investment portfolio to the rest of the financing formulas, so that their transactions are not equal to what conventional banks offer, otherwise it falls within the framework of tricks for nominations.

Suggested Citation

  • Maya Fetni, 2020. "Usurious Tricks in Islamic Banks," Management & Economics Research Journal, Faculty of Economics, Commercial and Management Sciences, Ziane Achour University of Djelfa, vol. 2(1), pages 135-148, March.
    • Handle: RePEc:alv:journl:v:2:y:2020:i:1:p:135-148
    DOI: 10.48100/merj.v2i1.79
    as

    Download full text from publisher

    File URL: https://mer-j.com/merj/index.php/merj/article/view/79
    Download Restriction: no
    File URL: https://libkey.io/10.48100/merj.v2i1.79?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    Islamic Banks; Tricks; Usury (Riba); Mohatra Contract; Murabaha Sale;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • Z12 - Other Special Topics - - Cultural Economics - - - Religion

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:alv:journl:v:2:y:2020:i:1:p:135-148. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chihab Ilimi (email available below). General contact details of provider: https://edirc.repec.org/data/fedjedz.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.