Key Benefits and Advantages of Islamic Banking and Finance - AIMS Education
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- Опубліковано 26 лип 2024
- There are many advantages of Islamic banking and finance, such as Interest rates are not charged on Islamic banking products, which makes them more affordable for customers. Islamic banking products are geared toward promoting economic development, rather than simply making profits. Islamic banking institutions are required to share their profits and losses with their customers, which creates a sense of partnership and mutual responsibility. And, Islamic banking and finance is open to all, regardless of religious beliefs.
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