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Pertanyaan
Islamic banking is a banking activity consistent with the Islamic law (Shariah). Islamic banking is carried out in accordance with the rules of Shariah, known as fiqh muamalat (Islamic rules on 5 transactions). The rules and norms of fiqh muamalat emerged from two primary sources of Shariah namely the Quran and the Sunnah and other secondary and authoritative sources of Islamic law. Islamic banking operates under a number of contracts under fiqh 10 muamalat. It does not allow the paying and receiving of riba' (or excessive interest) and promotes greater degree of fairness and equity in the conduct of banking business. The Islamic banks are committed to partnership finance such as mudharabah (commenda 15 partnership), musyarakah (joint venture), wadiah (safekeeping) and gard (Interest-free loan).
What is the main idea of the passage?
Islamic banking and its partnership finances
The Islamic rules on transaction
Quran and Sunnah as two primary sources of Islamic banking
Islamic banking does not receive riba
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M. Herlina
Master Teacher
Mahasiswa/Alumni Universitas Pendidikan Indonesia
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