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Legal Framework of Internet Banking

Legal Framework of Internet Banking

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Published by Mahyuddin Khalid

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Published by: Mahyuddin Khalid on Dec 14, 2012
Copyright:Attribution Non-commercial

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06/11/2013

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ISLAMIC FINANCIALLEGAL FRAMEWORK 
Mahyuddin Khalid
 em a y  @ s  al   am. ui   t  m. e d  u.m y 
LEGAL FRAMEWORK OF INTERNETBANKING
 
2
CONTENT
INTRODUCTION
INTERNET BANKING
REGULATORY FRAMEWORK
INTERNET BANKING FROM ISLAMICPERSPECTIVE
CONCLUSION
 
3
INTRODUCTION
Electronic commerce (E-commerce) is simplyreferred to buying and selling using the Internet.
E-commerce involves much more thanelectronically mediated financial transactionsbetween organizations and customers.
E-Banking may include ATMs, wire transfers,telephone banking, electronic funds transfers anddebit cards.
The Internet offers the potential for safe,convenient new ways to shop for financialservices and conduct banking business, any day,any time.
However, safe banking online involves makinggood choices
 –
decisions that will help you avoidcostly surprises or even scams.

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