About Islamic Banking, Finance & Auditing Islamic Banking Islamic banking is an interest free banking system and is governed by the principles laid down by Islamic Sharia’h. Commonly Islamic modes used for saving deposits is Mudharaba and Qarz for current deposits while Murabaha, Ijarah, Diminishing Musharakah and other modes used for financing. Finance Finance is a term for matters regarding the management, creation, and study of money and investments. Specifically, it deals with the questions of how and why an individual, company or government acquires the money needed – called capital in the company context – and how they spend or invest that money. Auditing Auditors work
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