Islamic banking or islamic finance arabic or sharia compliant finance is banking or financing activity that complies with sharia . Modern economic system all over the world rests on banks which functions primarily on interest thus if banks can be made to function without the elements of . What is sharia banking funds cannot be provided for liquor pork gambling pornography and anything that islamic law deems . Islamic finance program is specifically designed to enhance understanding of the practicality of islamic finance banking and law in a secular state reference will
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