Islamic Finance Audiobook finance audiobook

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Guided by the Sharia laws Islamic banking is grounded on the laws on the belief that all types of interest is forbidden. Investing in businesses that deal in business of pork or alcohol or those that lead to gossip such as media or are against Islamic values such as pornography is completely prohibited. Speculative transactions are also banned in this law. Because of a different way of running their financial system the regular banking financial instruments cannot be used in Islamic banking.

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