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 Islamic Banking


The Islamic Financial System
Glossary of Financial Terms


Other Key Prohibitions

Islam not only prohibits dealing in interest and investment in unlawful activities that Islam deems harmful to society, but also transactions involving excessive uncertainty (gharar) and all forms of gambling (maysir).


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Islamic banking, a value proposition employing the concept of profit and risk sharing …more
Takaful, a scheme based on the principle of shared responsibility, mutual cooperation ...more
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