Questions regarding models and concepts

1. The holy Qur’an has prohibited riba. What is meant by this term?

2. What is the scope of transactions to which the ban on ribā is applicable? Does the
term apply only to the interest charged on consumption loans or does it also cover
productive loans advanced by banking and financial institutions?

3. Does the prohibition of ribā apply equally to the loans obtained from or extended to
Muslims as well as non-Muslims?

4. The value of paper currency depreciates in inflationary situations. In order to

compensate lenders for the erosion in the value of their principal, a scheme of
“indexation” has been suggested. Is such a scheme acceptable from an Islamic point
of view?

Questions regarding Islamic finance

5. What are the major modes of financing used by Islamic banks and financial
institutions?

6. In the absence of lending at a rate of interest, what modes of financing can be used
for: a) trade and industry finance, b) financing the budget deficit, c) acquiring foreign
loans?

Questions regarding Islamic banking

7. What is an Islamic bank? How different is it from a conventional bank?
8. There are many risks and challenges facing Islamic banking such as market,
strategic, reputation risks; and especially in UK liquidity and equity risks.
How could Islamic Banks handle these risks?
9. Are shari’ah complaints only for Muslims or other ethnic groups can utilise
them?
Is this sharaih complaints or compliance
Questions regarding HSBC Amanah
10. How do you think Islamic banking and finance can grow along with conventional
banking in the U.K.?
11. What has been the performance of HSBC Amanah in the UK in its previous four year
history?
12. What are the risks and challenges for HSBC Amanah in the UK?