1. Briefly discuss on the perceptions that the Islamic banking products are merely Islamic in form only...
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Question:
- 1. Briefly discuss on the perceptions that the Islamic banking products are merely Islamic in form only and it lack substance
- 2. Central to Islamic finance is the prohibition of riba. Explain how returns are achieved by the Islamic institutions.
- 3. Illustrate the reasons why investment in share of companies is allowed in the Shariah against the notion that it is a form of gambling.
- 4. Compare and contrast the Islamic equities vis-a-vis the conventional equities.
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