REPORT ABUSIVE REPLY
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Message Subject
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Jesus said, If you love me keep my commandments.
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Poster Handle
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Anonymous Coward |
Post Content
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10 Key Points about Islamic Finance
Islamic banks are strictly forbidden to charge interest. Instead, the concept of profit and loss sharing comes into play. Islamic banks don't charge interest but instead participate in the yield that results in the use of funds. Depositors also share in the bank's profits, which are determined in accordance with an agreed ratio.
Quoting: Anonymous Coward 75892903
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