Dear visitor today solution media will discuss before you about banks. Many of us open a bank account and deposit money in the bank. We also need to know what the bank is and what the bank needs. So Solution Media 🏦 has presented a complete discussion about Bank.
Although the exact history of the origin of the word bank is not known, many historians believe that the word bank is derived from the Italian word Banco. Which means Bench or Perpendicular Bench. Some historians think the Italian monte monte means business. Or bank is derived from the German word Banke. Others believe that the word bank is derived from the Latin words Banco, Bangk, Bancus.
Bank's peripheral meaning:
According to economist Crowther, a bank is a dealer in loans, its own to others. So bank is the institution engaged in taking money as deposit and lending and related work.
Banke Bank is the reason for the name
In ancient times, heavy goods and trade goods were imported and exported from the country and abroad by sea. And the traders used to wait for the ships by sitting on the tools on the sea shore. If the cargo ships were rare on the sea shore, they would sit on the tools and do money transactions, currency exchange and debt business. The later extended banking functions are named as banks as the reformed modern institutional form of the activities carried out on that tool.
Bank requirements
Just hearing the name bank, it seems that it is a financial institution. So some gentlemen think it is pointless to discuss the bank, they think it is enough to say about the bank that it is a usurious and illegitimate institution, so stay! No need to discuss it.
In this age of global governance, their idea is absurd. Because it is obligatory to adopt the fulfillments that are absolutely necessary for human survival. In Fatawae Shami book "Kitab al-Karaahiya" i.e. permissible and impermissible chapter is described, eating the amount of food that can perform obligatory worship properly is obligatory, eating less than this will be a sin of breaking the obligation.
Therefore earning sufficient amount of wealth is also obligatory. Similarly, since it is obligatory to wear seventy covers, it is also obligatory to collect that amount of clothes.
Let us assume that Bangladesh currently has around 18 crore people living there. The amount of cloth required for 18 crore people, the amount of yarn required to make cloth, the amount of cotton required to produce that amount of yarn, the amount of cotton required to grow that amount of cotton, that amount of cotton is grown by us. Not in the country. It is not at all possible to make clothes like satar dhaka for 18 crore people with that amount. So forced to import cloth, yarn and tola from abroad. Since Satar dhaka is Fard, it is also Fard to import cloth or cloth making materials from abroad. The same applies to all essentials.
For example, house is one of the basic necessities for human living. Bricks, sand rods, cement etc. are essential for building houses. Our country does not have the amount of rods and cement required for the construction of houses for 18 crore people. So we are forced to import iron and cement materials from countries that have iron mines and cement materials. Similarly coal is needed to make iron rods. But there is not enough coal in our country. Even if food products are not imported from abroad, there is a great danger of food shortage. Because enough food grains are not produced in our country in proportion to the population.
In short: It is absolutely necessary for the people of this country to import essential goods from abroad in order to survive. And the bank is the only means of fulfilling this duty. It is impossible to import or export anything from abroad without the cooperation of the bank. Let's understand this through an example.
For example, a textile company needs yarn to make clothes. It has to be imported from abroad, because there is not enough of it in our country. So the yarn has to be imported from a foreign company. The textile company contracts with foreign yarn companies for the required quantity of yarn. Foreign companies are exporters. This textile company is an importer. In this case the exporting foreign company will not send the yarn before receiving the money. Because there is no guarantee that the importing company will send the money after the yarn reaches. If you lend money to a neighbor or give money to take it abroad, it is often impossible to recover that money. In this situation, how can a foreign company be sure that the money will be paid after sending the goods?
In this way, if the importing company sends the money first. Then there is no guarantee that the exporting company will send the yarn. Such suspicions operate between both importing and exporting companies. But the transaction has to be done because Satar Dhaka is obligatory. Seventeen must be called. Therefore, it was forced to make the international law to make the bank a medium for transactions. The exchange will be through the bank. The yarn will also come through the bank, the money will also be transacted through the bank. For this reason, the domestic bank that the importer resorts to is called the importer's bank. And the bank that the exporter resorts to in his own country is called the exporting bank. In this case, the importing bank guarantees the receipt of goods to the importing businessmen or companies. On the other hand, the exporting bank guarantees the price to the exporting businessmen or companies. In this regard, there is a document between both parties which is called B/E.
A question arises here and that is the fear that the importing company will not send the price before receiving the product and the exporting company will not send the product before receiving the price. That apprehension remains even if the bank is made a medium. Because if the bank takes the money?
The answer is that the bank will not comply because a large part of the capital of each bank is deposited in the state bank. And the World Bank has no place to escape.
The bottom line is that only bank transactions are safe. On the other hand, since satar dhaka is obligatory, there is no other option but to import yarn and cloth from abroad for satar dhaka. So it is obligatory to import yarn from abroad. If you want to import from abroad, there is no option to transact through the bank. Therefore, transactions with banks should also be considered obligatory.
In short, it is obligatory to do this transaction through the bank. So those who consider it pointless to discuss banks simply because a bank is a usurious institution cannot even be approached. This is not to say that their approach is without technology. Because if they follow this fatawa, there will be no provision of circumcision clothes. There will also be a shortage of cloth needed for Satar Dhaka. Therefore, it is important to try to free interest in the bank by moving away from the bank. It is the responsibility of all Muslims.
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