a Syariah Banking Concept

Now, we will discuss about syariah Banking concept. It discuss many people now and how the concept? This is a definity and some type of concept. If you have a different opinion, send to my email. It take from : www.bankrakyat.com

Al-Wadiah (savings with trust/guarantee)
Al-Wadiah refers to agreement where customers deposit money in the Bank, and the Bank becomes wholly responsible and liable for its safekeeping.

Al-Mudharabah (profit-sharing)
Al-Mudharabah refers to an agreement where customers deposit capital in the Bank, and the Bank becomes wholly responsible and liable in the management and investment the deposits in halal business ventures. Profits gained will be divided and distributed accordingly, based on margins agreed upon earlier.

Bai-Bithaman Ajil (deferred payment sale)
Bai-Bithaman Ajil refers to the sale of goods on a deferred payment basis at a price which includes a profit margin agreed by both parties.

Bai-Al Inah (immediate cash)
Bai-Al Inah refers to the selling of an asset by the Bank to the customer through deffered payments. At a later date, the Bank will repurchase the asset and pay the customer in cash terms.

Al-Musyarakah (joint venture)
Al-Musyarakah refers to a partnership or joint venture for a specific business purposes with a profit motive, whereby the distribution of profits / losses will be apportioned according to the capital contributed.

Now many people discuss about Syariah Banking, and how true concept of it? In this article, i will try explain it, but i 'm very happy if you have different opinion and want to correct my article which sou
Qardhul Hassan (benevolent loan)
Qardhul Hassan refers to an interest-free loan. The borrower is only required to repay the principal amount borrowed, but he may pay an additional amount at his absolute discretion, as a token of appreciation.

Al-Ijarah Thumma Al-Bai' (hire and purchase)
Refers to two contracts undertaken separately and subsequent as follows:
(i) Al-Ijarah contract (hire); and
(ii)Al-Bai' contract (purchase).
Under the first contract, the customer hire the goods from the Bank at an agreed rental amount over a specified period. Upon expiry of the hiring period, the customer enters into a second contract to purchase the goods from the Bank at an agreed price.

via : www.bankrakyat.com