Sunday, September 30, 2007

RR2

Reference :

The UK's first Islamic Child Trust Fund(CTF) has been launched.(June 29, 2005) retrieved from www.bbc.com

Summary:

In this article, the author explains what Sharia law is, and how the Islamic work with the costumer by using Islamic law. There are several characters of Islamic finance work like ijaria, mudaraba , and mosharaka.. This all can help coustomers to stop losing money and Islamic finance made this law to avoid charging people. On the other hand, the Islamic bank also offer financial products in the UK tailored for Muslims.


Reaction:

I think this article is very interesting, because It・s talks about how Islamic work can make different law in the field of finance. And it・s gives us a Picher of Islamic ruil, and how this Islamic work can help consumer. Thy do this by using easy ways and comfortable prizes to hook consumer and make them avoid loans.

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