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Sukuk, plural of صك Sakk, is the Arabic name for financial certificates that are the Islamic equivalent of bonds. However, fixed-income, interest-bearing bonds are not permissible in Islam. Hence, Sukuk are securities that comply with the Islamic law (Shariah) and its investment principles, which prohibit the charging or paying of interest. Financial assets that comply with the Islamic law can be classified in accordance with their tradability and non-tradability in the secondary markets.
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Names of Islamic banks in Syria?
Cham Bank - Ist Islamic Bank in Sep 2006 Syria International Islamic Bank - 2nd Islamic Bank Sep 2007 Al Barakah Bank Syria - 3rd Islamic Bank January 2008 Cham Bank - Ist Islamic Bank in Sep 2006 Syria International Islamic Bank - 2nd Islamic Bank Sep 2007 Al Barakah Bank Syria - 3rd Islamic Bank January 2008
What is the population of Islamic Development Bank?
Islamic Development Bank's population is 932.
When was Islamic Development Bank created?
Islamic Development Bank was created in 1975.
When was Dubai Islamic Bank created?
Dubai Islamic Bank was created in 1975.
When was ABC Islamic Bank created?
ABC Islamic Bank was created in 1998.
When was Sharjah Islamic Bank created?
Sharjah Islamic Bank was created in 1976.
When was Islamic Bank of Britain created?
Islamic Bank of Britain was created in 2004.
What is Noor Islamic Bank's population?
The population of Noor Islamic Bank is 2,010.
What is the population of Noor Islamic Bank?
Noor Islamic Bank's population is 650.
What are the Islamic banks in Pakistan?
they are actually service provider in term of financing to their clients. Ali sain dino gaad
When was Islamic International Arab Bank created?
Islamic International Arab Bank was created in 1998.
When was Al Shamal Islamic Bank created?
Al Shamal Islamic Bank was created in 1983.
