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Key Operation of Islamic Banking: Justice and Fairness Better Customer Relation No Fixed Obligation Transparency
Key Operation of Islamic Banking: Justice and Fairness Better Customer Relation No Fixed Obligation Transparency
BETTER CUSTOMER
RELATION
FINANCING AND DEPOSIT
ARE ARRANGED UNDER
PROFIT AND LOSS
SHARING PRINCIPLE.
BANKS ARE LIKELY TO
KNOW THEIR FUND USERS
BETTER TO ENSURE THAT
THE FUNDS ARE USED
FOR PRODUCTIVE
PURPOSES.
NO FIXED OBLIGATION
STRONG VALUES OF
ETHICAL AND MORAL IN
DOING BUSINESS AND
SELECTING BUSINESS
ACTIVITIES
ALTHOUGH BASED ON
SHARIAH PRINCIPLES TO
MEET THE FINANCIAL
NEEDS OF ALL MUSLIMS
AND NON-MUSLIMS
TRANSPARENCY
TRANSPARENT TO THE
ACCOUNT HOLDERS ON
THE INVESTMENT MADE
AND PROFIT MADE FROM
INVESTMENT
PROFIT ARE SHARED
BASED ON PRE-AGREED
RATION