Banking

Contract (Akad) in Online Banking

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Executive Summary

Internet banking is the latest alternative used by the client to deal with the bank. In this way, the customer can surf the bank website without the hassles of queuing and waiting at the counter. This paper will discuss about Internet banking services in terms of Islamic transaction. Where, this paper touches on contract applications found in banking services. This paper found that Internet banking services is allowed in Islam and the contract valid even in the early emergence of Islam's Internet technology sophistication yet exists.

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