Abstract
This research deals with the study of the impact of the need to guarantee deposits in Islamic banks by the rules of Islamic law, its assets, its purposes, and interests, and concludes that the rule of deposits in Islamic banks varies depending on its container investment, origin where they are not guaranteed on Islamic banks but do not deny that provisions might be changed to suit the current time on condition that it does not conflict with the provisions of general Sharia. The researcher has dealt with the beginning of the concept of banking research and the need for the types of risks to deposits in Islamic banks, and concluded that it is permissible to ensure some deposits in Islamic banks because of their stability for transactions in Islamic banks.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Abu Alhul MY (2012) Evaluating the work of Islamic investment banks, a comparative analytical study, 1st edn. Amman, p 223
Ahmad H, Tarq K (2002) Risk Management - Analysis of issues in the financial industry, Islamic Development Bank - Islamic Research and Training Institute
Ahmed OB (2000) Deposit protection system in Islamic banks, 1st edn, p 20
Al Ajloni MM (2017) Islamic Banks, p 184
Al Ameen HA (1983) Cash bank deposits and their investment in Islam, Dar Al Shorooq, Jedda, 1st edn, 2019
Al Ansari Z (2000) Asna Al Mataleb, 1st edn, vol 2, p 238
Al Ayadi AS (2014) Guaranteeing deposits in Islamic banks, the first international conference on Islamic finance at the University of Jordan, August
Al Azhari MA (2001) Tahtheeb Al Logha, 1st edn, p 185
Al Bukhari MIE (1987) Sahih Al Bukhari, 1st edn, vol 8, p 115
Al Hasni AHA (1999) Types of bank deposits - their use - their investment - an economic legal study, 1st edn. Beirut, p 85
Al Heti ARJ (1998) Islamic banks between theory and practice, 1st edn. Amman, p 268
Al Jawzeiah IA (2001) Informing the signatories about the Lord of the Worlds, vol 5, p 391
Al Kasasbeh HA (1982) The nature of Islamic banks and their role in economic development. Jordan Central Bank pp 8–9
Al Khayleh M (2014) Guaranteeing deposits in Islamic banks, Finance and Islamic banking conference, University of Jordan
Al Khudairi MA (1990) Islamic banks, 1st edn. Freedom Publisher, Cairo
Al Masri RY (2006) Total in the Islamic economy, 1st edn. Al Maktabi publisher, p 309
Al Merdawi AS (2005) Fairness in knowing what is more correct than the dispute over the doctrine of Imam Ahmad ibn Hanbal, Arabic heritage publisher, Beirut, 1st edn, vol 5, p 143
Al Momani AE (2004) The need among fundamentalists and its impact on legislation. University of Jordan, p 14
Al Nasafi NH (1985) Jurisprudential terminology, Dar Al Qalam, Beirut, 1st edn, p 197
Al Nuwairi ShA (2004) Nehaya Al Arb Fe Funon Al Adab, p 105
Al Qurtobi MA (1988) Statement and collection, 2nd edn, vol 12, p 395
Al Rasheed AN (2008) The need and its impact on judgments. Ishbelia Publish, Riyadh, p 60
Al Saadi AM (2012) Sharia law controls and their impact on contemporary financial transactions. Damascus University, p 48
Al Turmathi MI (1999) Sunan Al Turmathi, Hadith:1285, 3:581
Al Shater MM, Khan A, Hassan MK, Paltrinieri A (2022) Islamic banking: past, present and future. J Coll Sharia Islam Stud 41(1):193. https://doi.org/10.29117/jcsis.2023.0351
Awad AJ (1969) Bank operations from a legal point of view. Arabic development publisher, Cairo, p 17
D’Souza AFN, Sai Sundar H (2023) Overcoming the Challenges of establishing Islamic Banks in India: a case study of Al-Arafah Islamic Investment Bank. In: Aloysius Edward J, Jaheer Mukthar KP, Asis ER, Sivasubramanian K (eds) Current trends in economics, business and sustainability. ICEBS 2023. Contributions to environmental sciences and innovative business technology. Springer, Singapore. https://doi.org/10.1007/978-981-99-3366-2_23
Fahmi HK (2013) The inevitability of restructuring the Islamic banking system, 1st edn. Dar Alsalam Publisher, Cairo, p 221
Fulya A (2018) Regulating Islamic banks in authoritarian settings: Malaysia and the United Arab Emirates in comparative perspective. https://doi.org/10.1111/rego.12201
Ghanem A (1984) The economic problem and the theory of wages and prices in Islam Alexandria, p 174
Halti Y (2017) Causes and solutions for the stagnation of Islamic banking in Turkey. ISRA Int J Islamic Finance. ISSN: 2289-4365
Hammad N (2001) Contemporary jurisprudence issues in money and economics, 1st edn, p 408
Hmoud S (1982) Development of banking business. Amman, Al Sharq Library, p 399
Ibn Abdeen MA (1984) The confused response to Al-Durr Al-Mukhtar. Dar Al Fekr, Beirut, vol 5, p 662
Ibn Ashoor M (1984) Al Tahreer W Al Tanweer. Tunisia Publish, p 92
Ibn Mamthor MK (2004) Arabic dictionary. Dar Sader, Beirut, p 242
Ibn Meflah MAM (2003) The creative and convincing explanation. Book World, Riyadh, vol 4, p 134
Ibn Qudama AM (1970) Al Mughni, 2nd edn. Cairo library, vol 6, p 436
Ibn Zakaria A (1979) Arabic language dictionary. Dar Al Fekr, p 114
Jurisprudence encyclopedia (1988) Ministry of Islamic Affairs, Kuwait, 2nd edn, vol 2, p 243
Mashaal A (2015) Risks in Islamic banks - description and analysis. Islamic Econ World J
Muhesin AI (1989) Evaluating the experience of Islamic banks. University of Jordan, p 31
Qahf M (2005) Guaranteeing deposits in Islamic banks in Jordan - research submitted to the Deposit Insurance Corporation in Jordan, pp 64–66
Scientific and practical encyclopedia of Islamic banks (1982) 1st edn, 1:5, p 181
Shubair MO (2007) Contemporary financial transactions in Islamic jurisprudence. Dar Al Nafaes, Amman
Zadah AMS (1998) Majma Al Anhur. Science Book Publisher, vol 3, p 196
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2024 The Author(s), under exclusive license to Springer Nature Switzerland AG
About this chapter
Cite this chapter
Al Qaruty, R., Hadi, S.A. (2024). The Impact of Necessity on Deposit Guarantee in Islamic Banks: An Applied Jurisprudential Study. In: Mansour, N., Bujosa, L. (eds) Islamic Finance. Contributions to Management Science. Springer, Cham. https://doi.org/10.1007/978-3-031-48770-5_19
Download citation
DOI: https://doi.org/10.1007/978-3-031-48770-5_19
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-031-48769-9
Online ISBN: 978-3-031-48770-5
eBook Packages: Economics and FinanceEconomics and Finance (R0)