Financial and Bank Islam

Financial and Bank Islam in the last ten years to grow 15% each year that surpass the growth of the Bank and financial institutions in the global capital markets, in more than 75 countries with assets of around 200 billion U.S. dollars (Yawer, 2002). Some Islamic financial institutions operate even in the thirteen other locations, including Australia, the Bahamas, Canada, Cayman Islands, Denmark, Guernsey, Jersey, Ireland, Luxemburgh, Switzerland, Great Britain, the United States and the Virgin Islands. The expansion of Islamic banks worldwide, both in quantity and the funds diluasai, with operations that reviewed the Egyptians, Malaysia, Bangladesh, Jordan, Australia, Sudan, Iran and Pakistan shows that Islamic banking is very feasible and Islamic banks really can operate in any country, meet the many functions and use the instruments that different. Although many banks have a lot of capital support and protection from governments and Muslim families, a leading Islamic bank, but has entrusted them far more competitive in the market environment in the banking system, a mixture of conventional (Algaoud and Lewis, 2001) . Next Algoud and Lewis added that Islamic banking is a growing market and there are differences in the application of basic principles in locations vary. For example, on the side of deposits, bank accounts smoothly (current account) is run mainly based on the principles of al-wadiah. Savings deposits are also accepted based on the principles of al-wadiah, but the "gift" given to the depositor by Bank policy of the Islamic minimum balance, so that the depositor also get the same profits. In Malaysia, the profits from the savings account Marina Park directly compete with conventional bank savings account. Deposit investment is based on the principles of mudharabah, but there are many variations. Thus, the Islamic Bank of Bangladesh, mislanya offer deposit account of profit-loss sharing (PLS), account notifications and special PLS PLS term deposit accounts, while Bank Islam Malaysia operates two types of investment deposits, one for the general public and one for institutional clients . Also, there are variations, variations in the pattern of use of resources by the Islamic Bank. For example, musyarakah has become an important way of investment in the sudan and Egypt, while in Malaysia this way do not obtrusive. Musyarakah that reduced (diminishing musyarakah) has been used for capital partnership housing development in Australia. Jordan Islamic Bank has been investing directly in the housing schemes and other investment. At the time now, Bank Islam in various forms appear in many Muslim countries mapupun non-Muslim. Deposits, fund

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