ISlamic Banking

**afzalaung** · 10-06-2008

Salaamaleykum,

I am thinking of pursuing studies in Business-Economic & Financing with Major in Islamic Banking. I noticed its a seriously lucrative feild.
But lately I've been receiving negative comments about the field.Some saying 'just another interest-based bank with fancy arab names' and others saying 'playing around the loopholes'.

Any thought?

**doorster** · 10-06-2008

if it does indeed have the faults that these people are claiming; what's their alternative suggestion? (I bet its khilafah)

if we do not take part in it (Islamic banking) or work for it, refuse to be employed by it, how do we hope to improve it?

So you've got to be in it to see faults and fix anything wrong

**noorseeker** · 10-06-2008

I have major doubts in it,,

I borrow money, i give back what i borrow , simple, interest free

Now wait, whos gona just give me money, no one

**aamirsaab** · 10-07-2008

Originally Posted by afzalaung

Salaamaleykum,

I am thinking of pursuing studies in Business-Economic & Financing with Major in Islamic Banking. I noticed its a seriously lucrative feild.
But lately I've been receiving negative comments about the field.Some saying 'just another interest-based bank with fancy arab names' and others saying 'playing around the loopholes'.

Any thought?

Oh cool. I'm actually studying business and marketing (similar subject). I'd say go with it. We're always complaining about the lack of halaal variations, and now we have one (the islamic banking system!). Go for it - at the very least, you'll come out with an excellent degree.