Banking Sharia or Islamic Bank is also called the Banking Law which refers to the Islamic law governing procedures for the implementation of the recommended savings and loans within Islam itself.

          In general, banks perform three major functions, which accept deposits, lend money, and provide remittance services. Banking has been around since the time of the Prophet in the economic history where Muslims, which is done by contract financing Shariah compliance has become a part of Muslim tradition since the time of the Prophet.  

         Practices such as accepting deposits treasure, as loans for consumption purposes and for business purposes, as well as sending money, has been prevalent since the time of the Prophet. Thus, the main functions of modern banking is to receive deposits, disbursing funds, and funds transfers have become an integral part of Muslim life, even since the time of the Prophet. Prophet, known by the nickname al-Amin, believed by the people of Mecca to receive deposits of property, so at the last moment before the Prophet migrated to Medina, he asked Hadrat Ali ra to return all the deposit to have them. In this concept, which can not take advantage of the treasure entrusted the deposit.
 
         A friend of the Prophet Muhammad, Zubair bin Awwam ra choose not to deposit the treasure. He would rather receive it in the form of loans. Zubir actions cause different implications, namely the first, by taking money as a loan, he has the right to use, secondly, because of its loans, it is obliged to return it intact.

         In addition the use of checks has been used since the trade between the countries Sham with Yemen. Even the reign of Caliph Umar ibn al-Khattab ra use checks to pay benefits to those who deserve it. And also the provision of working capital-based profit-sharing, such as mudaraba, muzara'ah, musaqah has been known since the beginning of the Emigrants and the Helpers.

         Can then be clear that the implementation of the functions of existing and evolving banking
at the time of the Prophet., although it does not perform all banking functions

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Basic Philosophy of Islamic Banking refers to the tenets of Islam which is based on the Qur'an, and Al-Ijtihad Alhadist. Islam teaches about the efforts to achieve happiness in the world and the hereafter, to achieve spiritual and physical happiness. This means in achieving happiness of the world must be done well to achieve happiness hereafter.

         Among them are in the field muamalah who still refer to the Principles of religious teachings as a bridge to happiness hereafter. As in Islamic banking that adheres to the basic - the basis Muamalat according to the Qur'an, hadith and al-ijtihad al.

         Definition of Islamic Banking can be interpreted as a banking system that was developed based on the sharia (law) of Islam. Business system is based on the establishment of prohibition in Islamic religion to collect and borrow at interest or usury as well as the so-called ban on investment for businesses categorized as haram (ie business relating to the production of food / drink unclean, un-Islamic media efforts, etc. ), where this can not be guaranteed by the conventional banking system.

Some Basics on Islamic banking among others :

• Muamalah the provisions of Shari'a that regulate the matters relating to the way of life among human beings, such as buying and selling, trading, leasing, lending and borrowing, and so forth.

• Shari'a is the law or regulations specified for the servants of Allah as contained in the Qur'an and Hadith.

• Islamic Banking is the Banking System of the business activities and operations based on Sharia.

• Islamic banking is also based on statutory rules that govern the operational mechanism and management of Islamic banking in accordance with a predetermined, as conventional banks, except those contrary to Islamic law. 

• Financing based on Islamic principles is the provision of money or bills equivalent based on an agreement between the Bank and other parties who require the parties to return the money or paid bills after a certain period in exchange or for the results

• The principle of rule of Sharia is Islamic law based on the agreement between the Bank and other parties to the financing or funding and business activities, or other activities in accordance with Sharia, among other things based on the principle of profit sharing Financing (mudarabah), based on the principle of equity financing (Musharaka), Principles buying and selling goods with profit (murabaha), or the financing of capital goods based on the principle of pure lease with no option (ijara), or by the choice of ownership transfer of the goods hired from the Bank by the other party (Ijarah wa iqtina).

• Among other fund-raising activities conducted in the form of: Current or Savings based on the principle of Wadi 'ah; Savings based on the principle of Wadi' ah and or Mudarabah; Mudarabah deposits based on principle.

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