Islamic banking refers to a system of banking or banking
activity that is consistent with the principles of Islamic law
(Sharia) and its practical
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what are the main features of islamic banking and insurance
poiicy ?
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Yes. As per Islamic laws giving and receiving interest is
considered Haram or Unlawful. So, Islamic banking practices were
started to provide banking services to customers following the
Islamic faith so that they can take up banking without offending
their religious sentiments.
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As per Islamic laws giving and receiving interest is considered
Haram or Unlawful. So, Islamic banking practices were started to
provide banking services to customers following the Islamic faith
so that they can take up banking without offending their religious
sentiments.
View page
As per Islamic laws giving and receiving interest is considered
Haram or Unlawful. So, Islamic banking practices were started to
provide banking services to customers following the Islamic faith
so that they can take up banking without offending their religious
sentiments.