A Legal and Fiqhi Study of Contribution Contract in Interest-Free Banking System

Attracting deposits and allocating them to meet the financial needs of different kinds of economic activities are considered among the most important banking activities. Therefore, the important part of every banking activity is offering facilities, which, from economic view, has extreme importance.Through their credit activities, banks prepare the ground for transferring resources from those who are not able or not willing to directly take part in economic activities to those who need capital to fund their economic activities. This kind of activity contributes to the increase in nation's production. An increase in production boots employment in the society, and due to the increase in goods and services in a balanced economy, prices will fall. This process underlines the importance of offering facilities to receivers, providers, depositors and the economy of the society.