تمویل ِاسلامی میں قرض و ادھار کی مختلف صورتیں اور ان پرہونے والے اشکالات کا فقہی جائزہ JURISPRUDENTIAL REVIEW OF THE DIFFERENT FORMS OF DEBT (LOANS) & DEFERRED PAYMENT IN ISLAMIC FINANCE AND A JURISPRUDENTIAL REVIEW OF THE PROBLEMS THAT OCCUR) Section Islamic Literature

Abstract

Debt (Loan) &Deferred Payment are the backbone of  the Islamic banking system in Islamic financing, but there is a big difference between conventional banking and Islamic banking as to the source of money creation. Conventional Bank offers its clients direct cash (money) under Fractional Reserve Banking. While a non-interest bank lends to its client for the purpose for which the client is seeking a loan, it is possible to obtain the intended item indirectly instead of giving the loan directly in cash. They set the price as a sale or lease and thus deprive the worshiper of God deeds such as debt so as not to cause loss to the bank as the bank is actually a source of money creation although the solution to this loss exists in Islam which can be used as a legitimate alternative.

Therefore, in the light of the Qur'an and Hadith and Islamic jurisprudence, researching the basics of Islam and jurisprudential issues related to debt (Loan) and deferred payment, which are directly  related to our daily economy and finances, is one of  the sub-headings of  my article.

Therefore, only the identification of  interest problems related to the religion of  loans and deferred payment and then in the Islamic banking system

The purpose is to analyse the prevailing gifts, lending, leasing, speculation, participation and all these other disciplines so that these problems can be easily understood in the Islamic banking system and a research review can be presented.