Islamic banks rely on transaction deposits and investment deposits funds which they use in their banking business.

Name: Islamic banks rely on transaction deposits and investment deposits funds which they use in their banking business.
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Question

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Islamic banks operate by collecting funds through both transaction deposits, which are similar to checking accounts in conventional banks, and investment deposits, where depositors agree to share the profits and losses of the investments made by the bank.

Islamic Banks Rely on Transaction Deposits and Investment Deposits Funds