Académique Documents
Professionnel Documents
Culture Documents
OF
Submitted to:
SIR USMAN
Submitted by:
AMIR BIN MUNIR
University of
Lahore
Mr Hamad rasool bhullar
AL-BARH
Mr Pervaiz
The object to grow Islamic banking and the main aspects are
• I-B technical aspects
• I-B reglious aspects
• Malaysia a large industry in which 12% shares purchased by public of
Islamic banking
• Malaysia has 1.36% growth in ten years
• In globally Islamic banking grow rapidly
• Basically we have set rules to develop expectation for IB and to help
IB
• New banks promote IB to the storm of SE (stock exchange )
• Nothing can achieved un less we provide strength
• SBP have regulatory infrastructure and policies but they still have
issues
1 Financial issue
2 Current issues of MCR
3 Tax authorities are silent about the point which are not cleared
Rules should be different for both commercial and Islamic banking. Same
rules should help each other
Mr Yaseen Anwar
1 Avoid republication
2 Plan to improve regulatory further
3 Enhance global awareness in us
Dr khawaja amjad saeed
DR Nadeem M. FRIOZ
• Still people have misconceptions that IB does not exist .How this can
be eliminated
• Al huda is giving answer by creating differences between commercial
and IB
• There is a large capacity of IB industry launch of industry goals ( Al
huda is creating )
• So in this sense the stakeholders player growth has developed
• IB industry have large capacity
constraints in sharia
Importance of sharia
MR tariq saeed
Agenda
Major Achievements
Risk Mitigation
Since the beginning, people have tried to protect themselves from risks and
resulting losses
What is Risk?
Risk is the potential danger that threatens to harm or destroy an object, an
event or a person
Point # 1
Point # 2
Point # 3
Point # 4
Premiums are invested in all kinds of investment avenues, including Riba-
based businesses
Definition of Takaful
Takaful Process
Point # 2
Contributions are credited to the Waqf Fund; Operator acts as Wakeel
Point # 3
The Waqf Fund pays the claims
Point # 4
Contributions are invested only in Shari’ah Compliant investment avenues
Point # 5
An independent Shariah Board supervises business activities for Shariah
compliance
COMPANY PAYS
TABURRU FUND PAYS
THE CLAIM THE CLAIM
PROFITS
Micro finance
Microfinance Products
A commonly held view among observers of poverty alleviation
programs across the globe is that provision of “appropriate” microfinance
products and services to the poor in a sustained manner helps bring down
poverty levels. It is therefore, important to have a good understanding of
what
the poor need in terms of financial services.