Islamic Banking

Islamic Banking concept can be summarized in:

• Usury is forbidden. Trading is permitted and encouraged

• Worldly resources are owned by Allah and given on man's disposal in trust

• Man is accountable before Allah for all of his deeds

• Wealth should not merely make a circuit among wealthy people rather to be distributed fairly

• Speculation and wasteful use of funds are considered unlawful

• One's gain on other's loss is prohibited

• Justice, honesty, transparency and moderation flourish the equal opportunities in the society

• Greed and yearning lead to putting down the fellow human being's rights.
  

Please check al hilal's website for more information about islamic banking.