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Insights on Islamic finance

Posted by admin
January 24th, 2015

By  Imran Hussain Minhas

Abstract

Islam prescribes an all inclusive blue print for life. It recommends guiding rules for personal, interpersonal, financial, economic, political and religious aspects of life. This article discusses the sources of these rules and goes on to explain the basic prohibitive rule in Islamic finance – riba and its exclusion in earlier revealed religions as well, and why.

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