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The same proven threat-oriented ideas that benefited past generations of fairness-based conventional bankers (extra profitably than their curiosity-based mostly counterparts) additionally ensure the success of future generations of Islamic financiers. An Islamic bank is a financial intermediary that brings together the suppliers of capital with the customers of capital by the principles of the Shariah (Islamic Sacred Legislation). The demystification of Islamic banking requires an understanding of four primary points: What is an Islamic financial institution? Is Islamic banking a viable various to interest-based mostly typical banking? The positive effect that Islamic-model equity has on the profitability of a business and the effectively-being of society contrasts sharply with the destructive effects of curiosity-based devices. These scores are updated every few hours, with the very best being displayed at the top of the web page regularly.
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