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Islamic Banking Regulations: Navigating the Legal Landscape

June 21, 2024 Education, News 0

Islamic Banking Regulations: Navigating the Legal Landscape

Introduction to Islamic Banking Regulations Islamic banking is a system of banking that adheres to the principles of Islamic law, also known as Shariah. This form of banking differs significantly from conventional banking, particularly regarding the prohibition of interest (riba) and investment in businesses that are considered haram, or forbidden. …

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