Islamic banking is becoming popular now due to its logic and common sense without riba, gharar and masyir. Hopefully by going into details, I'll be able to write my 1st book on "Muamalat in Islamic Ways" with the support from my tutors and lecturers at UBD. I think there are still weakness in the Islamic finance especially about the selling/buying ideas. I still cannot have a definite clear line between the selling/buying (transaction activities) and the loaning scheme (borrowing money). They seem to be very close especially if we ponder at the amount of money at the end of the tenure which they termed as rental period. For example in the home financial scheme the end total is getting doubled or even tripled! The buying of share is a bit too unclear to me.
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Assalamualaikum/Good Day all, 30 Syaaban, 1443H/1st April, 2022; Friday My 1st welcome post. I am a 4th year Lifelong Learning student at Universiti Brunei Darussalam, Jalan Tungku Link, Gadong, Brunei Darussalam. Joined the University in August 2019 whist I was working in BSP. My main subject is Bsc Digital Economy where I am inclined to finish it with collected points of 140 MC (Module Credits) comprising of 34 modules. UBD is set up in the year 1985/86 in a temporary site at the Mukim Gadong before moving to its permanent area in Tungku Link -
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