Filter by Categories
Accounting
Banking

Islamic Finance




Window


An entity that operates as part of another entity (a conventional financial institution such as a bank) solely for provision of Islamic financial services/ products to the public. A conventional financial institution (as compared with Islamic financial institution) may provide such services/ products through stand-alone windows (also, divisions or branches).

A window is often established as a virtual entity, and in compliance with shari’ah principles and rules. Is establishment may be subject to specific legal/ regulatory requirements, depending on the jurisdiction in which its parent operates.



ABC
The last three decades have witnessed the modern rebirth of Islamic finance both in terms of literature and practice. Islamic banks and ...
Watch on Youtube
Remember to read our privacy policy before submission of your comments or any suggestions. Please keep comments relevant, respectful, and as much concise as possible. By commenting you are required to follow our community guidelines.

Comments


    Leave Your Comment

    Your email address will not be published.*