“For me, Aman Mobile is like having a bank in my pocket. I use it every day, and thanks to all the services it gives me, I rarely have to visit a branch.”
Wissam Mustafa
Doctor
In Shariah, there are many ways to share profit or returns between a bank and its customers. For example, in a deposit product, profits from a deposit arrangement will be shared between a bank and its depositors based on an agreed ratio and paid as dividends. Shariah also allows a bank to give hibah (gift) to its depositors as it deems fit.
The Islamic Banking focus on investment, emphasis on soundness of the project and apply moral criteria in investment. However, the conventional banking focus on lending, emphasis on ability to repay and apply only a financial criteria.