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Islamic Banking

C/F/1160. Islamic banking vs. UK mainstream banking

WORDS:
2050
DATE:
2011
PRICE:
29.99 GBP

The paper examines the features of Islamic banking comparing it to the UK mainstream banking along the lines of interest rates, bonds and mortgages. The principles of Islamic finance are explained including profit and loss sharing, the prohibition of gambling in banking, etc. The growth of Islamic finance in the UK is acknowledged.

 

KEYWORDS: Islamic banking, UK banking,

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