Basic rules for proper Islamic banking & finance

E-commerce payments require knowledge of complex banking and financing information about the countries involved in an e-transaction. Even though most countries have a fairly similar banking and financing system, few Westerners know the basic rules that all good Muslims want to apply when they do business such as banking or other finance-related activities.

This article looks into the general economic Muslim rules, their source and the thought behind them.

This article answers these questions:

  • What is the history of Islamic Banking?,
  • What is the Difference Between Muslim & Western Banking?,
  • Why Don’t Muslims Like Interest?,
  • How Can you Run a Bank Without Interest?,
  • What are Some Other Muslim Financial Rules?,
  • Can You Give Some Tips for Doing Business With Muslims?

Via Internet Business Law Services (membership required).