Page 168 - Necmettin Erbakan University Press
P. 168
THE INSURING OF PARTICIPATION BANKS AND
SOCIAL PARTICIPATION FUNDS
Editor : Fikret AKDEMIR
Page : 86
Measurement : 16X24 cm
Year : 2022
Category : Social-Law
ISBN : 978-625-8080-94-0
E-ISBN : 978-625-8080-65-7
DOI : 10.51144/neupress.2023.23
In the book titled The Insuring of Participation Banks and Participation Funds, participation banks and the insurance of
their funds are discussed. Religious, philosophical and moral approaches to interest have led to the existence of the bank
customers who want to stay away from interest. This necessitates the existence of interest-free banking institutions in
the market in addition to traditional banks that use interest as the main concept. The fact that participation banks, which
operate on the principle of Participation in Profit and Loss, are under the guarantee of the SDIF/Insurance of
Participation Funds has made it questionable whether the system is in line with its spirit.
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