Abstract
Modern age is the age of financial challenges, and it is a great fact that the
riba free financial alternate has overcome the whole financial globe. The Islamic Banks are
more important than the conventional banks. The differences are very clear between the two,
because the conventional banks provide loans only on riba basis, which is obviously against
the Shariah. It is therefore the expert Islamic Jurisprudents brought forward its solution
which is according to the Shariah and also is conformed to the financial rules. More and
more researches are going on, and the Islamic Jurisprudents as well as the financial experts
are satisfied with the systems that are being brought forward. In this article I have explained
the difference between the two systems, i.e. conventional and riba free banking systems.
Muhammad Idrees, Hafiz Muhammad Sani. (2020) Comparative Analysis Between Conventional And Riba-Free Banking, The International Research Journal Department of Usooluddin, Volume-04, Issue-1.
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