Ruling on the Islamization of Banks Which Operate on Usury through Using Legal Islamic Money Laundering Techniques

Abstract

This study deals with the attempts to Islamize Banks constructed by

usury money or through Islamic escape windows depending on usury

brotherhood, or money laundering in an Islamic method. It discusses constructing

Islamic establishments with virulent profits, added to the absence

of the Islamic standard for circulating their money through the legitimate

exchange rates, my laundering them in an Islamic method.

The study deals also with these banks' deviation from the real purposes

of the Islamic Banking. It tries to define the constructing legitimacy, the

impact of the ill-gotten money on the gained profits by investing through

legitimate methods.

The study concluded the opposition of these banks to the religious values,

and the deviation of these banks from the proper implementation of the

Islamic capital deals. In addition to the impact of the ill-gotten money on

the profits of the investments through legitimate methods.

The study came to the result that these banks have deviated from the

real purposes of Islamic exchange procedure, and values,, and that it is

earnestly seeking to be close to its real mother, the evil banks, as a result of

its Human staff relation with the usury activity and their misunderstanding

of the implementation between the Islamic exchange and the usury system,

and changing these tricks into origins and purposes for the Islamic Banking

System.

This topic is the issue that the study tries to prove through legal criterions

of the legitimate profits, and the jurisprudence indicatives of the

implementation factors, in addition to the clean laundering of the money by

Islamic methods free of tricks and misdeeds.