Please help me to know about Islamic Banking, theory, systems, etc.

Please help me to know about Islamic Banking, theory, systems, etc.


Please help me to know about Islamic Banking, theory, systems, etc. Also kindly provide address of organization or bank in Middle East which successfully adopted pure Islamic Banking theory


In the Name of Allah, the Most Gracious, the Most Merciful.

As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.

Islamic Finance and Economics is a vast field which requires a great amount of expertise and talent. It is therefore imperative that one who wishes to gain a good understanding and sound knowledge of the field that he study under the tutelage and supervision of an experienced and trusted scholar.

Alhamdulillah, Hazrath Mufti Ebrahim Desai Saheb (Damat Barakatuhum) is one of those experienced and learned scholars who have done extensive research in the field of Islamic Finance and Economics.

You may study his book entitled “Introduction to Islamic Commerce”. Kindly find an attached copy of the book.

Should you have any queries on Islamic Finance or anything else, you are most welcome to submit them to the Darul Iftaa email address at:

and Allah Ta'ala Knows Best

Mufti Ismail Desai
Darul Iftaa
Durban, South Africa

Checked & Approved:
Mufti Ebrahim Desai

Disclaimer The views and opinions expressed in this answer belong only to the author and do not in any way represent or reflect the views of any organizations to which he may be affiliated with. The opinions and educational information proffered in this communication are based on the jurisprudential understanding and available knowledge of the author. Given that contemporary issues and interpretations of contemporary issues are subjective in nature, another scholar may reach different juristic inferences and conclusions to those as expressed by the author. Whilst every effort has been taken to ensure total academic integrity and honesty, the author is open to corrective measures based on sound academics and juristic inferences. The Shari’ah ruling given herein is based specifically on the specific scenario in question. The author bears no responsibility towards any party that acts or does not act on this answer and is exempted from any and all forms of loss or damage. This answer may not be used as evidence in any court of law without prior written consent from the author. Any or all links provided in our emails, answers and articles are restricted to the specific material being cited. Such referencing should not be taken as an endorsement of other contents of that website.

Browse   next Fataawa

Legacy of Mufti Ebrahim Desai in Islamic Commerce and Finance

Listen to Audio podcast of a Radio Islam programme