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Topic: Business
Number of pages / Number of words: 17 / 4567
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All transactions are interest-free.

There is a clear-cut distinction between interest and profit. Interest as a mechanism in conventional banking is derived from profit. It is a subset of profit. It is the profit a conventional bank makes when it lends money and it is the profit a customer receives on deposited funds...


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In Islamic finance, all transactions involving interest (riba) are forbidden (haram). Rather than lending cash for profit, profit is created by using the underlying commodity or asset in the transaction.

All Islamic financial products share this absence of interest ? either assessed or paid. Instead, the investments are set up as leasing arrangements or investments in which money is turned over to third-party trustees who share profits with Islamic depositors...


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10 YR Treasury risk-free rate of interest, krf. Estimate of the risk-free rate pf interest ("U.S. 10-year Treasury" bond rate Foreign Banking and Financial Institutions in the UAE fraud detection in banking transactions Management Of Financial Institutions And The Banking Crisis The Fed and Interest Rates Three Scenarios of HR Interest Interest Rate America's Self-interest areas of interest Foreign Banking And Financial Institutions In The Uae: my interest in law Ayn Rand: Self Interest Interest Groups Representation of Interest

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