2013•European Journal of Business and ManagementRequires access

The Role of Islamic Banking in Jordan in Supporting Industries

Ruba Abu Shihab, Thikraiat Soufan, Shatha Abdul-Khaliq

Abstract

This paper aims to point out if Islamic banks in Jordan depend on Islamic Investment Istisna in supporting industries? At the beginning there are some definitions of the Islamic investment that the Islamic banks should offer to support industries, Istisna, the research discussed if Islamic banks in Jordan apply this investment tool, at last the results will show that on average, the Islamic Banks in Jordan do not offer Istisna. So they do not have any effective role in supporting industries in Jordan. Keywords : Islamic banking, Islamic investments Istisna, Industries

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Key concepts: Islam, Islamic banking, Investment (military), Business, Point (geometry), Accounting, Political science, Law