HISTORY OF ISLAMIC BANKING

Although the establisment of Islamic banks only became a reality in the 1960s, this does not mean that banking activities did not exist in Islamic history. activities which are regarded as practice of modern banking, such as receipt of deposits, loans issuance, money exchange and bills of exchange, existed since the early years of Islam and during the spread of Islam.

Before the birth of Islam, Mecca was the centre of trade and was used as a transit point by traders passing through the city from the north and south borders. Hence, deposit and loand activities depolved rapidly and transaction revolving money exchange became one of the main activities. These activities continued even after Islam became rooted in Mecca and Medina. From the historical point of view, Islamic banking can be devided into three eras. The first era began from the early years of Islam when it was firet born in the city of Mecca up until the period of Caliph as-Rashidin. The second era stretches from the era of the calihates until the fall of the Uthmaniyah Empire. This is folowwed by the third era, which is the era of modern Islamic banking.

(INDONESIAN VERSION)

Meskipun pendirian bank syariah hanya menjadi kenyataan di tahun 1960, ini tidak berarti bahwa kegiatan perbankan tidak ada dalam sejarah Islam. kegiatan yang dianggap sebagai praktek perbankan modern, seperti penerimaan uang jaminan, penerbitan pinjaman, pertukaran uang dan bill of exchange, ada sejak tahun-tahun awal Islam dan selama penyebaran Islam.

Sebelum kelahiran Islam, Mekah adalah pusat perdagangan dan digunakan sebagai titik transit oleh para pedagang yang melewati kota dari utara dan perbatasan selatan. Oleh karena itu, deposito dan loand kegiatan depolved cepat dan transaksi penukaran uang bergulir menjadi salah satu kegiatan utama. Kegiatan ini terus bahkan setelah Islam menjadi berakar di Mekkah dan Madinah. Dari sudut pandang sejarah, perbankan syariah dapat dibagi menjadi tiga era. Era pertama dimulai dari tahun-tahun awal Islam ketika Firet lahir di kota Mekah sampai periode khalifah as-Rashidin. Era kedua membentang dari era calihates sampai jatuhnya Kekaisaran Uthmaniyah. Hal ini folowwed oleh era ketiga, yang merupakan era perbankan Islam modern.

Posted by el_ghamar.