Document Type
Original Study
Abstract
Banks are generally the backbone of the economy and its main engine, as they work to collect saved funds, try to develop them, facilitate their circulation, and plan to invest them, as it is undeniable that the positive role that banking activity plays in services, financing, investment, and in various financial, economic and social activities, banks today organize relationships Society and facilitate the process of dealing between individuals and societies and act as a financial intermediary that regulates the economic roles of the various parties to economic activity, as Islamic banks have adopted since their inception formulas on which the Islamic bank is based in financing and investments, including speculation formulas As the speculation formula is one of the best forms that illustrate the relationship between work and capital and how to develop this money in a fair way, as each of the owner of the money and the speculator takes his share of the profit achieved as a result of the development of this money in the case of profit, but in the case of loss The division and distribution is also fair, as the speculator loses the effort and time expended, and the owner of the money loses the money used in the speculation in case of loss.
Recommended Citation
Kadhim, Duaa Qassem and Al-Musawi, Ali Fawzi Ibrahim
(2023)
"contract Almudarabat in Islamic banks,"
Imam Ja'afar Al-Sadiq University Journal of Legal Studies: Vol. 3:
Iss.
1, Article 12.
Available at:
https://ijsu.researchcommons.org/ijsu/vol3/iss1/12