Social responsibilities of Islamic banks case study of bank Islam Malaysia Bhd & Bank Muamalat Malaysia Bhd

• Main Author: Musa, Muhammad Adli
• Format: Conference or Workshop Item
• Language: English
• Published: 2016
• Subjects: HG3368 Islamic Banking and Finance
• Online Access: http://irep.iium.edu.my/60972/15/60972_SOCIAL%20RESPONSIBILITIES%20OF%20ISLAMIC%20BANKS._complete_new.pdf; http://irep.iium.edu.my/60972/; https://submit.confbay.com/download/ICIEF_2016_Programme_Book_11th_ICIEF_2016_gdPEH05dUq.pdf
• Institution: Universiti Islam Antarabangsa Malaysia

It is claimed that the difference between Islamic and conventional finance is that the former has to preserve certain social objectives, while the latter need not be concerned with the moral implications of their business ventures. The Islamic Financial Services Board (IFSB) suggests that sharīʿah...