asas perbankan islam - produk deposit
TRANSCRIPT
Differences Between Differences Between IslamicIslamic & Conventional & Conventional BankingBanking
Differences Between Differences Between IslamicIslamic & Conventional & Conventional BankingBanking
Islamic Banking Islamic Banking Restrict ionsRestrict ionsIslamic Banking Islamic Banking Restrict ionsRestrict ions
Contracts In Contracts In IslamicIslamic Banking BankingContracts In Contracts In IslamicIslamic Banking Banking
IslamicIslamic Deposit Product Deposit ProductIslamicIslamic Deposit Product Deposit Product
IslamicIslamic Financing Product Financing ProductIslamicIslamic Financing Product Financing Product
Implication of Implication of NonNon ShariahShariah Compliant CompliantImplication of Implication of NonNon ShariahShariah Compliant Compliant
Most Common Most Common Mistakes !Mistakes !Most Common Most Common Mistakes !Mistakes !
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Differences Between Differences Between IslamicIslamic & Conventional & Conventional BankingBanking
Differences Between Differences Between IslamicIslamic & Conventional & Conventional BankingBanking
Islamic Banking Restrict ionsIslamic Banking Restrict ions
Contracts In Islamic BankingContracts In Islamic Banking
Islamic Deposit ProductIslamic Deposit Product
Islamic Financing ProductIslamic Financing Product
Implication of Non Shariah CompliantImplication of Non Shariah Compliant
Most Common Mistakes !Most Common Mistakes !
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ISLAMIC & CONVENTIONAL ISLAMIC & CONVENTIONAL BANKING BANKING
ISLAMIC & CONVENTIONAL ISLAMIC & CONVENTIONAL BANKING BANKING
CONVENTIONALCONVENTIONALISLAMIC BANKINGISLAMIC BANKING
All business activities & products are in compliance with Shariah law.
All business activities & products are in compliance with Shariah law.
Business activities & products are not based to any religious laws or guidelines.
Business activities & products are not based to any religious laws or guidelines.
Islamic financing is mostly based on principle of trading transaction (buying & selling).
Islamic financing is mostly based on principle of trading transaction (buying & selling).
Financing is based on lending and borrowing concept (interest based).
Financing is based on lending and borrowing concept (interest based).
Underlying asset is a pre-requisite in a valid transaction.
Underlying asset is a pre-requisite in a valid transaction.
Underlying asset is not required.Underlying asset is not required.
Trading with element of gambling and speculation is forbidden.
Trading with element of gambling and speculation is forbidden.
Trading and dealing with any kind of derivatives involving speculation is allowed.
Trading and dealing with any kind of derivatives involving speculation is allowed.
Relation with its clients is between buyer & seller, and also partner.
Relation with its clients is between buyer & seller, and also partner.
Relation with its clients is between creditor & debtor.
Relation with its clients is between creditor & debtor.
ISLAMIC & CONVENTIONAL ISLAMIC & CONVENTIONAL BANKINGBANKING
Differences Between Islamic & Conventional Banking
Differences Between Islamic & Conventional Banking
Islamic Banking Islamic Banking Restrict ionsRestrict ionsIslamic Banking Islamic Banking Restrict ionsRestrict ions
Contracts In Islamic BankingContracts In Islamic Banking
Islamic Deposit ProductIslamic Deposit Product
Islamic Financing ProductIslamic Financing Product
Implication of Non Shariah CompliantImplication of Non Shariah Compliant
Most Common Mistakes !Most Common Mistakes !
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ISLAMIC BANKING ISLAMIC BANKING RESTRICTIONRESTRICTION
ISLAMIC BANKING ISLAMIC BANKING RESTRICTIONRESTRICTION
GhararGhararUncertainty
XMaysirMaysir__________ ZulmZulm__________
RibaRiba __________Interest
Gambling Injustice
ISLAMIC BANKING RESTRICTIONSISLAMIC BANKING RESTRICTIONS
Differences Between Islamic & Conventional Banking
Differences Between Islamic & Conventional Banking
Islamic Banking Restrict ionsIslamic Banking Restrict ions
Contracts In Contracts In IslamicIslamic Banking BankingContracts In Contracts In IslamicIslamic Banking Banking
Islamic Deposit ProductIslamic Deposit Product
Islamic Financing ProductIslamic Financing Product
Implication of Non Shariah CompliantImplication of Non Shariah Compliant
Most Common Mistakes !Most Common Mistakes !
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CONTRACTS IN ISLAMIC CONTRACTS IN ISLAMIC BANKINGBANKING
CONTRACTS IN ISLAMIC CONTRACTS IN ISLAMIC BANKINGBANKING
3 Categories of Contracts in Islamic Banking3 Categories of Contracts in Islamic Banking
joint ventureMudharabah cost plus sale
Bai’ Bithaman Ajil
Bai’ InahBai’ Dayn
agency
CONTRACTS IN ISLAMIC BANKINGCONTRACTS IN ISLAMIC BANKING
Differences Between Islamic & Conventional Banking
Differences Between Islamic & Conventional Banking
Islamic Banking Restrict ionsIslamic Banking Restrict ions
Contracts In Islamic BankingContracts In Islamic Banking
IslamicIslamic Deposit Product Deposit ProductIslamicIslamic Deposit Product Deposit Product
Islamic Financing ProductIslamic Financing Product
Implication of Non Shariah CompliantImplication of Non Shariah Compliant
Most Common Mistakes !Most Common Mistakes !
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2 TYPE OF CONTRACTS IN 2 TYPE OF CONTRACTS IN
DEPOSIT PRODUCTDEPOSIT PRODUCT
ISLAMIC DEPOSIT PRODUCTSISLAMIC DEPOSIT PRODUCTS
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WADI’AH YAD DHAMANAH(Guaranteed Safe Custody)WADI’AH YAD DHAMANAH(Guaranteed Safe Custody)
ISLAMIC DEPOSIT PRODUCTSISLAMIC DEPOSIT PRODUCTS
HIBAHHIBAH
1. A authorises B to safekeep his goods / moneyA grants B to utilise the money
2. B utilize the money in business / project3. All the profit earned belongs to B4. B can give Hibah (gift) to A based on his discretion
AA
BB
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2
PROFIT100 %
WADI’AH YAD DHAMANAH(Guaranteed Safe Custody)WADI’AH YAD DHAMANAH(Guaranteed Safe Custody)
4
BUSINESS
ISLAMIC DEPOSIT PRODUCTSISLAMIC DEPOSIT PRODUCTS
CURRENT / SAVINGS ACCOUNT-i
WADI’AH YAD DHAMANAHWADI’AH YAD DHAMANAH
* Yellow indicate Shariah principle being applied
1. Customer deposit money with Bank for the purpose of safekeeping & convenienceCustomer grants Bank to utilize the money
2. Bank utilize the money in investment / financing3. All the profit generated belongs to Bank4. Bank give Hibah (gift) to Customer as a token of appreciation based on its discretion
BANK (Custodian)
CUSTOMER (Owner of Fund)
HIBAHHIBAH
3 100 %
4
PROFIT
INVESTMENT
2
1
ISLAMIC DEPOSIT PRODUCTSISLAMIC DEPOSIT PRODUCTS
The banks safekeep the money and pays it back to depositor in demand.
Banks does not promise a fixed return, but has discretion to provide depositors with hibah (gift).
Banks is allowed to utilise the fund.
CURRENT / SAVINGS ACCOUNT-i
WADI’AH YAD DHAMANAHWADI’AH YAD DHAMANAH
ISLAMIC DEPOSIT PRODUCTSISLAMIC DEPOSIT PRODUCTS
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MUDHARABAH(Profit Sharing & Loss Bearing)
MUDHARABAH(Profit Sharing & Loss Bearing)
ISLAMIC DEPOSIT PRODUCTSISLAMIC DEPOSIT PRODUCTS
LOSS
1. A authorises B to invest his funds based on Mudharabah contract2. B invests the fund in business / project3. Profit will be shared between fund provider and entrepreneur /
Loss will be borne only by fund provider
AA
BB
MUDHARABAH(Profit Sharing & Loss Bearing)
MUDHARABAH(Profit Sharing & Loss Bearing)
1 3
2BUSINESS
PROFIT
BusinessOutcomeX %
Y %
100%
ISLAMIC DEPOSIT PRODUCTSISLAMIC DEPOSIT PRODUCTS
1. Customer deposit money with Bank and authorises Bank to invest his funds with agreed PSR (e.g 30:70) based on Mudharabah contract
2. Bank invests the fund in investment or financing3. Profit will be shared between Bank and Customer /
Loss will be borne only by Customer
BANK (Entrepreneur)
CUSTOMER (Capital Provider)
LOSS1 3
2
INVESTMENT
PROFIT
BusinessOutcomeX %
Y %
100%
CURRENT / SAVINGS ACCOUNT-i, GIA-i
MUDHARABAHMUDHARABAH
ISLAMIC DEPOSIT PRODUCTSISLAMIC DEPOSIT PRODUCTS
Wadi’ah Yad Dhamanah MudharabahSaving Account-i, Current Account-i, Saving Account-i, Current Account-i,
General Investment Account-i
Safe custody purpose. Purpose of participating in the profits made from the utilisation of the fund.
Between owner and custodian of the goods.
Between capital owner and entrepreneur.
No guarantee of profit or return.
But bank may at it absolute discretion, rewards the customer by giving hibah (gift).
No guarantee of profit or return.
Profits will be distributed in an agreed PSR, i.e. 1:99.
Profits generated belongs to the bank. Profits distributed according to PSR.
Depositor (capital owner) bears all the losses.
DIFFERENCES BETWEEN WADIAH AND MUDHARABAHDIFFERENCES BETWEEN WADIAH AND MUDHARABAH
ISLAMIC DEPOSIT PRODUCTSISLAMIC DEPOSIT PRODUCTS
Differences Between Islamic & Conventional Banking
Differences Between Islamic & Conventional Banking
Islamic Banking Restrict ionsIslamic Banking Restrict ions
Contracts In Islamic BankingContracts In Islamic Banking
Islamic Deposit ProductIslamic Deposit Product
IslamicIslamic Financing Product Financing ProductIslamicIslamic Financing Product Financing Product
Implication of Non Shariah CompliantImplication of Non Shariah Compliant
Most Common Mistakes !Most Common Mistakes !
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