Islamic banking is on the rise. The banks themselves are setting up across the Middle East, while their precepts are increasingly reflected in financial products around the world, despite the current crisis. .
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Islamic banking bucks financial crisis
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Islamic banking bucks financial crisis
financial crisis
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Good
islamic bank give made pakistan all country
@BelligerentPacifist yeaaah go to American law and become bankrupt withing few days or at least you have to pledge your home for multiple complex loans, pay heavy interest and if you couldn't then go for other loan to pay the previous loan. And dont worry your sons or daughter or your grandchildren would definitely pay you loan if you could nt on your life, good American law!. Stupid dont u know the ciaos of Capitalism. If u dont then you are a kid.
ignorant… true ignorant go to you bank system and let see what happen to you
@abarzilai664: by investing in businesses and sharing the profit or the loss with the depositor.
From what i read, for example home loans….the bank will buy the house and then sell it at a higher price to the customers…so therefore make a profit from that…( no interests involved ). Then there would be agreements between the customer n the bank.