in the history of islam, until the last century, shiah and sunni scholars haven’t distinguished between consumption and production loans and riba in islam absolutely has been forbidden. with the development of capitalism and its influence in muslim countries, many businessmen, industrialists and bankers were faced with the problem of usury . to solve this problem, a group of theologists proposa...

since the start of modern banking in islamic countries, some scholars have tried to provide a certain interpretation of riba prohibition in islam which does not cover the interest-based banking system. hence, it is completely possible to use conventional banking in islamic countries. on the other hand, some others have tried to come up with a more comprehensive understanding of riba and critici...

Despite tons of studies on Islamic banking (IB) behavior, there is a lack understanding the Millennial generation’s attitude to and subjective norms surrounding banking, as well their behavioral intention toward banking. Therefore, present study investigates influence products services. This also focuses moderating roles profit-loss sharing, perceived financial risk, knowledge riba, relationshi...

The paper serves as background material for the review of debated issues and standpoints in the theory and application of Islamic economics, IE; and for discussion of fruitful research avenues in application of IE to modern economies. The focus is on six areas: (1) theory: links between IE and mainstream economics; while topics (2) to (6) treat applications of the given directives in Islamic ec...

Introduction: This study aims to examine and analyze the influence of motivation avoid riba, religiosity, reputation social environment Al-Islam Islamic Boarding School alumni Joresan Mlarak Ponorogo on decision use banking products. Research Methods: used a quantitative approach with data collection techniques using questionnaires 97 respondents. The sampling technique snowball analysis multip...

Samples reactive by first-generation recombinant immunoblot assay (RIBA) to detect antibody to hepatitis C virus (anti-HCV) (RIBA-1 [Chiron, Calif.]) remained reactive by a second-generation test (RIBA-2) for HCV antibodies. A total of 75% of specimens indeterminate by RIBA-1 became reactive, 12.5% were nonreactive, and 12.5% remained indeterminate by RIBA-2. Among RIBA-1-nonreactive specimens,...

The rhetoric of Islamic banking – exemplified in this opening quote by one of the industry’s most prominent pioneers – is derived from its historical evolution as a model of two-tier silent partnership. In fact, Islamic banks have mimicked conventional bank assets – from receivables to bonds, with credit sale and lease-backed debt instruments. In the meantime, Islamic banks have continued to re...