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  2. Bank Islam Brunei Darussalam - Wikipedia

    en.wikipedia.org/wiki/Bank_Islam_Brunei_Darussalam

    Bank Islam Brunei Darussalam (BIBD) is the main Islamic financial institution and the largest bank in Brunei. [1] With the biggest network of branches and ATMs strategically placed throughout Brunei's four districts , BIBD has its headquarters situated in Bandar Seri Begawan .

  3. Islamic banking and finance - Wikipedia

    en.wikipedia.org/wiki/Islamic_banking_and_finance

    Bai' al inah (literally, "double sale" [291] or "a loan in the form of a sale"), [292] is a financing arrangement where the financier/bank buys some asset from the customer on spot basis, with the financier's payment constituting the "loan". The asset is then sold back to the customer who pays in installments over time, essentially "repaying ...

  4. Islamic finance products, services and contracts - Wikipedia

    en.wikipedia.org/wiki/Islamic_finance_products...

    Unlike conventional financing, the bank is compensated for the time value of its money in the form of "profit" not interest, [85] and any penalties for late payment go to charity, not to the financier. [82] [Note 7] Economists have questioned whether Murabahah is "economically indistinguishable from traditional, debt- and interest-based finance."

  5. Qard al-Hasan - Wikipedia

    en.wikipedia.org/wiki/Qard_al-Hasan

    In every verse it is used as part of the phrase qardh al-hasan, and always in reference to a loan to Allah rather than other human beings. [4] One example is . If you loan to Allah, a beautiful loan [tuqridu llaha qard hasan], He will double it to your (credit), and He will grant you Forgiveness ..(Qur’an 64(al-Tagabun):16–17.) [5]

  6. List of banks in Brunei - Wikipedia

    en.wikipedia.org/wiki/List_of_banks_in_Brunei

    Bank Islam Brunei Darussalam. This is a list of banks in Brunei. Central Bank ... The Islamic Bank of Brunei (Local) Citibank (Foreign) HSBC (Foreign)

  7. Bank Islam Malaysia - Wikipedia

    en.wikipedia.org/wiki/Bank_Islam_Malaysia

    Bank Islam Malaysia Berhad (Jawi: بڠك اسلام مليسيا برحد ‎) is an Islamic bank based in Malaysia. It was established in July 1983. [ 1 ] Bank Islam was established primarily to address the financial needs of the country's Muslim population and extended its services to the broader population.

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