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What are the Disadvantages of Islamic banking?

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Answer:

There is no any side effect or disadvantage of Islamic Banking.

Contributor:

Hayat.akbar

First answer by Hayat.akbar. Last edit by Hayat.akbar. Contributor trust: 13 [recommend contributor ]. Question popularity: 3 [recommend question].

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Islamic banking refers to a system of banking or banking activity that is consistent with the principles of Islamic law (Sharia) and its practical application through the development of Islamic...
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It is totally fine under Islamic rules IF the bank does not charge interest on any loans.
What are the similarities in Islamic banking and commercial banking?
Conventional banking involves giving and receiving interest payments which as per Islamic laws is not acceptable. Hence it is Haram or not Halal. As per Islamic laws giving and receiving interest is...
What sources available Islamic banking?
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