Abstract
In modern era, the financial modes have gotten new shapes. An endeavor has been undergone to practice the Islamic modes of finance i-e Mudarabah, Musharaka, Ijara, Istisna استصناع and Murabaha. Majority windows for launching these modes. Similarly, severed banks have been established for the purpose of Islamic finance only many observations have been put challenging the legitimacy of these modes, which are being resolved by the Islamic economic experts. The conventional bank IBL has been facing bankruptcy for not fulfilling the sharia guideline in many ways. We have focused on the causes that are responsible for the situation and have offered the real Islamic perspective regarding the various financial transaction.
Keyword(s)
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