Economics &

Business
Faculty
INTRODUCTION TO
Mulawarman
University ISLAMIC BANKING

Muh. Shadiqul Fajri AF

Lecturer at Islamic Economics Study Program,
Economics and Business Faculty, Mulawarman University
Economics &
Business
Faculty
Mulawarman
University

Do you think conventional banking

and Islamic banking are same?
 Key Differences between Conventional and Islamic
Banking
CONVENTIONAL BANKING ISLAMIC BANKING
Economics & Money is a product besides medium of Real Asset is a product. Money is just a
Business exchange medium of exchange
Faculty
Mulawarman Interest is charged even in case, the Loss is shared when the organization
organization suffers losses.  suffers loss
University
Conventional banks are in the business of Islamic Banks are not money lending
lending & borrowing money based on institutes but they work as a trading/
interest. investment house.
In Conventional Banks, all types of Islamic Banks do not permit financing to
industries are financed, only businesses industries that cause harm to the society
deemed illegal by the law of the land are such as alcohol, tobacco etc
not supported.

Relation of customer & bank is of Relationship of customer & bank is of

Creditor-Debtor. Seller- Buyer and Partner.
Economics &
Business
Faculty
Mulawarman
University Islamic banking is an Ethical Banking System, and
its practices are based on Islamic (Shariah) laws.
Interest is completely prohibited in Islamic banking.
It is asset based financing, in which trade of
elements prohibited by Islam are not allowed.
Economics &
Business
Faculty
Mulawarman
University
 CONTRACTS IN ISLAMIC BANKING
Economics &
Business
Faculty
CONTRACTS / AQAD
Mulawarman
University

SAVING FINANCING

MURABAHA
MUDHARABA MUDHARABA
WADIAH MUSHARAKA
ISTISHNA
 OVERVIEW ISLAMIC BANKING IN INDONESIA
Economics &
Business
Faculty
Mulawarman
Number of banks : 12
University

Number of offices : 1.859

Total Assets: Rp. 446.850 T

Source: Financial Service Authority (OJK), March 2022

 TOP TEN BANKS IN INDONESIA
Economics &
Business
Faculty
Mulawarman
University

Source: Bank Syariah Indonesia

 ISLAMIC BANKING PARTNERSHIP
Economics &
Business
Faculty
Mulawarman
University
 ISLAMIC BANKING IN GLOBAL
The UK is the leading Western centre for Islamic finance. Institutions in London and other cities in the UK have
Economics & been providing Islamic financial and related professional services for nearly 40 years. British Prime Minister
Business David Cameron said today London aims to become a top capital of Islamic finance as the city played host to the
Faculty first World Islamic Forum outside the Muslim world.
Mulawarman
University

Source: British Embassy Bishkek

Economics &
Business
Faculty
Mulawarman
University

THANK YOU