Islamic Banking
Islamic Banking FAQs
- FAQ #134: What’s the difference between Islamic banking accounts vs conventional banking accounts?
- FAQ #135: Why should we support Islamic banks?
- FAQ #136: May I know if all CIMB FDs are shariah-compliant? On their website, it is advertised as FD interest rate, rather than hibah rate.
- FAQ 137: What’s the difference between CIMB Islamic’s Fastsaver-i and Starsaver-i?
- FAQ #138: Is the salary earned while working in a conventional bank considered halal, given its riba-based revenue?
- FAQ #139: Is the use of interbank rates (e.g., LIBOR) by Islamic banks permissible in calculating loans?
- FAQ #140: What is wadi’ah in Islamic banking, and how does it differ from conventional savings and current accounts?
