Riba is prohibited in Islamic finance. Why do you think it is prohibited and what alternative does

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Riba is prohibited in Islamic finance. Why do you think it is prohibited and what alternative does Islamic finance offer in place of Riba?

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Leadership Theory and Practice

ISBN: 978-1483317533

7th edition

Authors: Peter G. Northouse

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Posted Date: Jul 20, 2023 01:16 AM

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Riba is prohibited in Islamic finance. Why do you think it is prohibited and what alternative does

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Expert Answer:

Riba which can be translated as usury or interest is indeed prohibited in Islamic finance for several reasons The prohibition of Riba is based on Isla... View the full answer

Leadership Theory and Practice

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