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Introduction To Islamic Banking A Direction to the human on a  “right path”   for good life…..! By P V V Rama Raju President & CEO
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Contents – Course Objectives ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],General Introduction
General Introduction  contd…. ,[object Object],[object Object],[object Object],[object Object]
The Islamic Economic System   ,[object Object],[object Object],[object Object],[object Object]
The economic philosophy of Islam vis-à-vis Interest   ,[object Object],[object Object],[object Object]
Distribution of wealth  ,[object Object],[object Object],[object Object]
Distribution of wealth –  Contd …. ,[object Object],[object Object],[object Object]
History and Development  ,[object Object],[object Object],[object Object],[object Object]
History and Development   …..Contd ,[object Object],[object Object],[object Object],[object Object]
What is “Islamic Banking” ? ,[object Object],[object Object],[object Object],[object Object]
What is the philosophy  of Islamic Banking ? ,[object Object],[object Object],[object Object],[object Object],[object Object]
Why  “Islamic Banking and Finance ? ,[object Object],[object Object],[object Object],[object Object]
Definition of Islamic Banking and Finance ,[object Object],[object Object],[object Object],[object Object]
Distinctive features of  Islamic finance ,[object Object],[object Object],[object Object],[object Object],[object Object]
Islamic Banking – Foundations ,[object Object],[object Object],[object Object],[object Object],[object Object]
What is meant by “RIBA” ? ,[object Object],[object Object],[object Object],[object Object],[object Object]
Prohibition of RIBA ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Prohibition of RIBA …Contd ,[object Object],[object Object],[object Object],[object Object],[object Object]
Prohibition of RIBA …Contd ,[object Object],[object Object],[object Object]
Prohibition of RIBA …Contd. ,[object Object],[object Object]
Legal Frame work and Regulations ,[object Object],[object Object],[object Object],[object Object],[object Object]
INCORPORTAION    OF ISLAMIC BANKS ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
LEGISLATION ON ISLAMIC BANKS ,[object Object],[object Object],[object Object]
REGULATION AND SUPERVISION    OF ISLAMIC BANKS ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Shariah  Principles  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Shariah  Principles  Contd… ,[object Object],[object Object],[object Object],[object Object],[object Object]
The  Qur’an ,[object Object],[object Object],[object Object],[object Object]
The  Sunnah ,[object Object],[object Object],[object Object],[object Object]
The  Ijma’ ,  ,[object Object],[object Object],[object Object],[object Object],[object Object]
The  Qias ,[object Object],[object Object],[object Object],[object Object]
MEANING AND CONCEPT OF    “ SHARIAH” ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
MEANING AND CONCEPT OF    “ SHARIAH” ,[object Object],[object Object],[object Object],[object Object],[object Object]
MEANING AND CONCEPT OF    “ SHARIAH” ,[object Object],[object Object],[object Object],[object Object]
MEANING AND CONCEPT OF    “ SHARIAH” ,[object Object],[object Object],[object Object],[object Object]
Relationship between the Banking system and Religion within Islam: ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
SHARIAH  LAWs IN  ISLAMIC BANKING SYSTEM  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
SHARIAH  LAWs IN  ISLAMIC BANKING SYSTEM ,[object Object],[object Object],[object Object],[object Object]
SHARIAH  PRINCIPLES USED    IN ISLAMIC BANKING ,[object Object],[object Object]
Categories of  Shariah  principles  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
General Principles of “ Shariah ” ,[object Object],[object Object],[object Object],[object Object],[object Object]
General Principles of “ Shariah ” ,[object Object],[object Object]
Islamic Banking   Source of Funds( Liabilities ) ,[object Object],[object Object],[object Object],[object Object],[object Object]
Islamic Banking   Application of funds ( Assets ) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Islamic Banking   Application of funds ( Assets ) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Islamic Banking various products Deposit products : Product / Services Applicable Islamic principles  and concepts Savings Account Mudharabah / Wadiah yad Dhamanah Current Account Mudharabah / Wadiah yad Dhamanah General Investment Account (Term Deposits) Mudharabah Special Investment Account Mudharabah Specific Investment Account Mudharabah
Islamic Banking various products Financing (Loan) products : Product / Services Applicable Islamic principles and concepts Term financing Bai Bithaman Ajil Working capital financing Murabahah / Bai Bithaman Ajil Syndicate finance Istisna /  Bithaman Ajil / ijarah thumma Bai Project financing Bai Bithaman Ajil / istisna / ijarah Plant & machinery financing Bai Bithaman Ajil/ istisna / variable rate ijarah  Personal financing Bai Bithaman Ajil / Bai inah / Mudharabah Fixed asset financing Bai Bithaman Ajil Housing finance Bai Bithaman Ajil / Istisna / variable rate ijarah Industrial hire purchase Ijarah Thumma Bai Land financing Bai Bithaman Ajil Leasing finance Ijarah Cash line facility Bai inah / Bai Bithaman Ajil / Murabahah Computer financing Bai Bithaman Ajil Education finance Murabahah / Bai Bithaman Ajil / Bai inah Bridge finance Istisna /  Bithaman Ajil Equipment finance Bai Bithaman Ajil Hire purchase Wakalah Benevolent loan Quard Hassan Block discounting Bai Dayan
Islamic Banking various products Trade Finance Product / Services Applicable Islamic principles  and concepts Accepting Bills Murabahah / Bai Dayn Bank Guarantee Kafalah Export Credit refinancing Murabahah / Bai Dayn Letter of Credit Wakalah / Murabahah / ijarah / Bai Bithaman Ajil Shipping Guarantee Kafalah Trust Reciept Wakalah / Murabahah
Islamic Banking various products Treasury / Money Market Investment Product / Services Applicable Islamic principles and concepts Islamic Treasury bills Bai al-inah Negotiable debt certificates Bai Bithaman Ajil Foreign Exchange Ujr Commercial papers Murabahah Negotiable instrument of deposit Mudaharabah Government investments issues / certificates Bai al-Inah
Islamic Banking various products Banking Services Product / Services Applicable Islamic principles and concepts ATM services Ujr Cashiers Order Ujr Demand Draft Ujr Standing instructions Ujr Stock-broking services Ujr TT / Funds transfer Ujr Travellers Cheques Ujr Tele Banking Ujr
Islamic Banking various products Card Services Product / Services Applicable Islamic principles and concepts Debit Card Ujr Credit Card Bai Inah / Bai Bithaman Ajil Charge Card Quard Hasan
International Islamic     Financial Institutions With the emergence of Islamic finance, some international financial institutions also have come on to the scene.
Islamic Development Bank  (IDB) ,[object Object],[object Object]
The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) ,[object Object],[object Object],[object Object],[object Object],[object Object]
Islamic Financial  Services Board (IFSB) ,[object Object],[object Object]
International Islamic  Financial Market (IIFM) ,[object Object],[object Object]
International Islamic  Rating Agency (IIRA) ,[object Object],[object Object],[object Object]
Liquidity Management Center (LMC) ,[object Object],[object Object],[object Object]
Conclusion ,[object Object],[object Object],[object Object],[object Object]
Khudah Hafez ,[object Object],[object Object],By P V V Rama Raju President & CEO I sincerely convey my thanks for the noble opportunity to stand before learned dignitaries for presenting the little attempt on Islamic Banking before international banking experts.
Thank You CENTER OF ISLAMIC BANKING & ECNOMICS Head Office:  192- Ahmad Block, New Garden Town , Lahore, Pakistan  Ph: +92-42-35913096-8, 35858990, 38407850  Fax: +92 -42-35913056 E-mail :  [email_address] Web:  www.alhudacibe.com

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Introduction to islamic banking rama raju

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  • 47. Islamic Banking various products Deposit products : Product / Services Applicable Islamic principles and concepts Savings Account Mudharabah / Wadiah yad Dhamanah Current Account Mudharabah / Wadiah yad Dhamanah General Investment Account (Term Deposits) Mudharabah Special Investment Account Mudharabah Specific Investment Account Mudharabah
  • 48. Islamic Banking various products Financing (Loan) products : Product / Services Applicable Islamic principles and concepts Term financing Bai Bithaman Ajil Working capital financing Murabahah / Bai Bithaman Ajil Syndicate finance Istisna / Bithaman Ajil / ijarah thumma Bai Project financing Bai Bithaman Ajil / istisna / ijarah Plant & machinery financing Bai Bithaman Ajil/ istisna / variable rate ijarah Personal financing Bai Bithaman Ajil / Bai inah / Mudharabah Fixed asset financing Bai Bithaman Ajil Housing finance Bai Bithaman Ajil / Istisna / variable rate ijarah Industrial hire purchase Ijarah Thumma Bai Land financing Bai Bithaman Ajil Leasing finance Ijarah Cash line facility Bai inah / Bai Bithaman Ajil / Murabahah Computer financing Bai Bithaman Ajil Education finance Murabahah / Bai Bithaman Ajil / Bai inah Bridge finance Istisna / Bithaman Ajil Equipment finance Bai Bithaman Ajil Hire purchase Wakalah Benevolent loan Quard Hassan Block discounting Bai Dayan
  • 49. Islamic Banking various products Trade Finance Product / Services Applicable Islamic principles and concepts Accepting Bills Murabahah / Bai Dayn Bank Guarantee Kafalah Export Credit refinancing Murabahah / Bai Dayn Letter of Credit Wakalah / Murabahah / ijarah / Bai Bithaman Ajil Shipping Guarantee Kafalah Trust Reciept Wakalah / Murabahah
  • 50. Islamic Banking various products Treasury / Money Market Investment Product / Services Applicable Islamic principles and concepts Islamic Treasury bills Bai al-inah Negotiable debt certificates Bai Bithaman Ajil Foreign Exchange Ujr Commercial papers Murabahah Negotiable instrument of deposit Mudaharabah Government investments issues / certificates Bai al-Inah
  • 51. Islamic Banking various products Banking Services Product / Services Applicable Islamic principles and concepts ATM services Ujr Cashiers Order Ujr Demand Draft Ujr Standing instructions Ujr Stock-broking services Ujr TT / Funds transfer Ujr Travellers Cheques Ujr Tele Banking Ujr
  • 52. Islamic Banking various products Card Services Product / Services Applicable Islamic principles and concepts Debit Card Ujr Credit Card Bai Inah / Bai Bithaman Ajil Charge Card Quard Hasan
  • 53. International Islamic Financial Institutions With the emergence of Islamic finance, some international financial institutions also have come on to the scene.
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  • 62. Thank You CENTER OF ISLAMIC BANKING & ECNOMICS Head Office:  192- Ahmad Block, New Garden Town , Lahore, Pakistan  Ph: +92-42-35913096-8, 35858990, 38407850  Fax: +92 -42-35913056 E-mail :  [email_address] Web: www.alhudacibe.com