Why does Islamic finance exist ? Why is Islamic finance a sizeable and growing market ?

Islamic finance Q1/ WHAT IS THE SCOPE OF TRANSACTIONS TO WHICH THE BAN ON RIBA IS APPLICABLE ? DOES THE TERM APPLY ONLY TO THE INTEREST CHARGED ON CONSUMPTION LOANS OR DOES IT ALSO COVER PRODUCTIVE LOANS ADVANCED BY BANKING AND FINANCIAL INSTITUTIONS ? Q2\ CAN A MUSLIM COUNTRY TRANSFORM ITS ECONOMY SUCCESSFULLY TO ISLAMIC […]

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