Central Bank of Afghanistan: We are changing traditional banking to Islamic banking
Hidayatullah Badri, the new head of the Central Bank of Afghanistan, announced the change in the Afghan banking system in a message and added: Changing the traditional banking system to the Islamic banking system is one of the priorities included in his agenda and the first steps in the direction of Islamizing the system. A bank has been hijacked in Afghanistan.
The Acting Director of the Central Bank of Afghanistan also stated: We will monitor the transformation of the traditional banking system into the Islamic banking system step by step by examining the financial, human and system capacities.
In the message of Hedayatullah Badri, it is stated: After the political developments, a limited number of banks were under pressure, we are working with all our strength and monitoring them will be supportive in order to strengthen the banking system and expand the service level and its quality. the river
Islamic banking services are also provided in Afghan banks.
Some experts believe that one of the main differences between Islamic banking and the conventional banking of the world is the principle of halal and haram according to Islamic rules, so it seems that the meaning of Islamic banking is to remove “bank interest” as “interest” and “riba” and add other items. Because it is “Mudarabah” and “Mazhareh” in banking transactions.
The plan to transition from traditional banking to Islamic banking and to regulate the activity of exchanges and money service companies is one of the latest actions of Hedayatullah Badri in the field of banking and finance in the Taliban government.
