Islamic Current Account

GPTKB entity

Statements (28)
Predicate Object
gptkbp:instanceOf gptkb:bank
gptkbp:compatibleWith gptkb:Sharia_law
gptkbp:distinctFrom conventional current account
gptkbp:features gptkb:credit_card
online banking
ATM access
cheque book
no interest paid
no overdraft facility
https://www.w3.org/2000/01/rdf-schema#label Islamic Current Account
gptkbp:offeredBy Islamic banks
conventional banks with Islamic windows
gptkbp:offers charity-linked features
profit-sharing options
gptkbp:prohibits interest payments
speculative transactions
unethical investments
gptkbp:provides account maintenance fees
gptkbp:regulates Islamic finance principles
local banking authorities
gptkbp:target Muslim customers
customers seeking ethical banking
gptkbp:usedFor bill payments
fund transfers
day-to-day banking
salary deposits
gptkbp:bfsParent gptkb:Islamic_Banking
gptkbp:bfsLayer 8