BASIC-BASIC BANKING SYARIAH

Islamic banking is a form of financial services ethical principles which basically comes from Sharia. Important element of Sharia is the prohibition of interest (Aba), both nominal, or a simple flower to flower, blooming flower and still float. Other elements include the emphasis on a contract that is fair, with the financial relationship between productivity, the desire to share the benefits and the prohibition against gambling, and various other uncertainties.

View From The Capital
Islamic law states clearly that their financing of capital than debt financing. Requires partnership and division of profits, in which we can compare between contemporary forms of capital Ventura (venture capital), management of investment (investment management) and project financing (project financing). In financial markets, investing in stocks and funds permitted throughout the capital to meet the rules set. By investing the ethical and responsible, companies and industries that can not be ignored (not included) on the basis of qualitative criteria (of business) and quantitative criteria (with the level of interest). Islamic investment also does not permit speculation, short-Selling, conventional debt instruments and derivatives transactions conventional. This view is based on the prohibition of interest (usury), gambling and various types of uncertainty in Islamic law.

View From The Debt
Conventional debt financing is not permitted in Islamic banking because of the prohibition against interest (usury). However beragunan debt financing assets (asset-backed debt financing) can be designed, on the basis of sales contracts (Ijarah), which provide an alternative to fixed income than conventional debt financing. Capital providers must have ownership of the asset (though only temporarily) and bear the risks contained in the ownership. Currently, financing cash (Tawarruq) has also introduced the concept of reverse murabahah.