Sharing With Islamic Banks

Bank Islam has a history that has not been too long. The existence of Islamic banks to apply this new system began around the 1960s. Its emergence was initiated from the region attached to the culture of Islam, namely the Middle East region.

The first Islamic bank in the world who stand spearheaded by Mit Ghamr. Middle East, a region rich in oil reserves have a powerful financial force. Thus the emergence of a bank that has a corresponding system of religious teachings of Islam as the religion of the majority, fast response.

Islamic Bank's growth as a result of customer migration conventional banks that have been established previously. Because in Islam, the rules of interest or usury in banking has been described keharamannya.

Meanwhile, the Islamic Bank offers a concept that does not recognize the system of interest, but replaced with the concept of revenue sharing.

Pioneer of Islamic Banks
Growth of Islamic Banks in the world certainly does not just happen. Some Islamic banks are categorized as a pioneer in the world are:

- Islamic Bank of Mit Ghamr experiments, 1960
- Nasser Social Bank, 1971
- Islamic Development Bank, 1975
- Dubai Islamic Bank, 1975
- Faisal Islamic Bank of Egypt, 1977
- Faisal Islamic Bank of Sudan, 1977
- Kuwait Financial Institutions, 1977
- Bahrain Islamic Bank, 1979
- International Islamic Bank, 1980

Currently the growth of sharia-based Islamic bank has been evenly distributed throughout the world. The banks of the world that use conventional systems also now begin to look to the concept of sharia as part of their business.

The World Bank has made conventional sharia-based Islamic Bank is among them HSBC, Citibank, ABN AMRO.

Islamic banks in Indonesia
The emergence of Islamic Banks in Indonesia started in the 90s through the emergence of Bank Muamalat. However, the existence of Muamalat was not able to change people's perceptions of Indonesia to divert the transaction from existing conventional banks.

New in 1998, when Indonesia was rocked by the world banking crisis that marked the liquidation of major banks began to emerge change. When other banks are entangled negative spread, Muamalat with the concept for the result could grow into a healthy bank.

This is because Muamalat not know the system of interest as conventional banks do. All products business, started mudarabah, musharaka and murabaha done using the concept of sharing a mutually beneficial relationship between the customer and the bank.

And since then, the Islamic Bank began ogled as an alternative to the banking system in Indonesia. And emerging business unit was the sharia of the conventional banks that already exists. But that really has not been increased still pure Islamic Bank Muamalat alone.