Muslim beliefs have an effect on Islamic banking.

Name: Muslim beliefs have an effect on Islamic banking.
Brand: Quizplus
Rating: 4.8 (40 reviews)

Question

Quizplus · Accepted Answer

Muslim beliefs, such as the prohibition of charging interest (riba) and the promotion of risk-sharing, have influenced Islamic banking practices. In Islamic finance, profit and loss sharing models and ethical investments are encouraged, as they align with Islamic principles of ethics and social justice.

Muslim Beliefs Have an Effect on Islamic Banking