.اسلامی بینکاری میں سیونگ اکاؤنٹ کا تحقیقی جائزہ
The saving account of Islamic banking is based on the principles of Sharikah (participation by capital) or Mudarabah (participation by capital from one side and by work from other side), which are the preferred methods of financing and investment by Qur'an, Sunnah and the consensus of Ummah. Legislation has been taken place globally and nationally to ensure that the saving account of Islamic banking remains compatible with the principles of Sharikah or Mudarabah. Internally and externally, various Departments / Teams have been formed for checking up and ensuring the compliance of Islamic banking practices including saving account with the Shariah principles as well as the regulatory instructions.
The Process of Islamic banks with respect to the saving account is that they do business with the funds provided by their depositors on the basis of Sharikah or Mudarabah and make them shareholder in the profits earned. Therefore, in the light of Shariah rulings, this practice of Islamic banks is valid and to take profit from this account is lawful by Shariah, and it is not correct to think of it as a conventional banks’ saving account, because conventional banks borrow interest based loans for their saving account from account holders and pay interest on loans.