The Islamic Banking Investment Approach Between Study and Practice

This book provides a profound jurisprudential and theoretical study of the investment transactions currently employed in Islamic banks, with a focus on the practices of Bank Islam Brunei Darussalam (BIBD) as a case study.

The work presents a critical analysis of the investment methodology within Islamic banks in general and BIBD in particular. It aims to clarify the Islamic approach to investment through various modes such as Mudarabah (profit sharing), Musharakah (partnership), Murabahah (cost-plus sale), Tawarruq (cost-plus sale arrangement), Bay' al-Salam (forward sale), Istisna' (manufacturing contract), and installment sales. It assesses the compliance of modern banking applications with Islamic methodology and examines their impact on socioeconomic development.

The book also addresses ambiguities surrounding certain contemporary financial transactions, obstacles hindering the application of specific concepts like Mudarabah, and presents various scholarly opinions with a critical discussion of the application mechanisms and their positive and negative implications.

Product Details
Title: منهج الاستثمار المصرفي الإسلامي بين المدارسة والممارسة: مصرف بروناي الإسلامي (BIBD) نموذجا (Manhaj Al-Istithmar Al-Masrafi Al-Islami Bayna Al-Madarasah Wa-Al-Mumarasah)
Authors: Mohammad Hamd Kan'an Mega, Siti Noor Asma Haji Damit
Publisher: UNISSA
Language: Arabic
ISBN (back cover): 9789991786964