International Association of Islamic Banks

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The International Association of Islamic Banks ( International Association of Islamic Banks (IAIB); Arabic الاتحاد الدولي للبنوك الإسلامية, DMG Ittiḥād al-Dawlī li-l-Bunūk al-Islāmīya ) was founded in 1977 in Jeddah , Saudi Arabia , to strengthen and promote cooperation and coordination of the existing national Islamic banks. Its headquarters are in Cairo , Egypt .

According to a report by this association, there are said to be 176 Islamic banking institutions in the world, of which 47% are in South and Southeast Asia , 27% in GCC (= Gulf Cooperation Council ) and the Middle East , 20% in Africa and 6% located in western countries.

Its long-time general secretary, the Egyptian Ahmed El-Naggar (* 1932), had already explained in his doctoral thesis in Cologne how one could avoid interest ( Ribā ) and other bans while concluding financial transactions.

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References and footnotes

  1. ↑ For alternative name spellings, cf. worldcat.org etc .: International Association of Islamic Banks; International Association of Islamic Banks; International Union of Islamic Banks; International Union of Islamic Banks; chin. Yisilan yinhang guoji lianmeng 伊斯兰 银行 国际 联盟; IAIB; International Association of Islamic Banks; Inter-Nation Union of Islamic Banks; International Association of Islamic Banks; International Union of Islamic Banks; Islamic Banks International Association; Ittiḥād ad-duwalī lil-bunūk al-islāmiyyah; Ittiḥād al-Dawlī lil-Bunūk al-Islāmīyah; إتحاد الدولي للبنوك الإسلامية
  2. ↑ Katharina Pfannkuch: The interest ban in the practice of Islamic banking (Hamburg 2009), p. 40 ( online excerpt ). - According to other sources, 1981, see: baike.baidu.com: Yisilan yinhang (Islamic banking).
  3. ↑ Muhammad Anwar: "Islamicity of banking and modes of Islamic banking". International Islamic University Malaysia 2000 (Professorial Inaugural Lecture Series) - available online (see the quoted Supreme Court Judgments on Riba (judgments of the Pakistani Supreme Court on Riba , the prohibition of monetary interest), Lahore : Pakistan Legal Decisions Publishers 2000)
  4. ↑ evangelische-aspekte.de: Historical background of the Islamic financial economy - cf. sub.uni