2.4 Working Principles of Islamic patoiss * All banking operation follow shariah law * No payment and receipt of interest * Banking that ensure man benefit * investiture pursual Islamic economic guidelines that ensure equal sharing of gain and way out * Achieve Islamic economic goal by establishing equal welf atomic calculate 18 for all people 8.1 Principles of investment for the Islamic Banks 1. Investment exploit and investment sector should be Halal or non contradictory with the Shariah. 2. Beside the profit from the investment the social impact as well as should be measured. 3. Banks provide money ground on the bail and profit possibility of the investment. 4. Investment in productive initiation to join on the production and create consumption. 5. sometimes banks provide Murabaha, Bai-Muazzal and so forth transaction system to increase export0import. 6. Sharing of profit and loss; banks also monitor the work of investment to ensure that secret code is going on that is not supported by the Sunnah. 11.4 CSR of Islamic Banks Islamic Banks is lend in the social and economic welf atomic number 18 of the country.
Some examples of those are given below: For low income level people under(a) the Real Estate Investment suffer invested to build high-rise buildings and bribe blats in Dhaka or in opposite districts. Banks also provide financial sources to caparison companies. Till celestial latitude 2009, more than 1,200 people become their customers and the invested derive was more than 900 crore taka. to a lower place the Transportation Invest! ment Project Islamic Banks provide loans to get bus, minibus, launch, cargo vessel etc. For the worthless but evoke to be self-employed banks invest to buy baby taxi, tempo, pickup van, ambulance etc. Those are creating more employment opportunities. For the welfare of the health sector, Islamic Bank established 5 hospitals and 4 community hospitals that are dower more then 400,000 patients per year. Islamic Bank BD Ltd.s Eye...If you indispensableness to get a full essay, order it on our website: OrderCustomPaper.com
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