Question: Which of the following can be considered as basic principles of Islamic banking: [Please not this question has multiple answers and you need to select
Which of the following can be considered as basic principles of Islamic banking: [Please not this question has multiple answers and you need to select all of the correct answers to gain marks.]Required to answer. Multiple choice.
(5 Points)
prohibition of predetermined loan repayments as interest
making money out of money as being unacceptable
prohibition of speculative behaviour
taking high risk to earn high returns
investing in only government backed projects
providing fiancial support to small and medium sized enterprises
investing in international projects and securities only
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