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Not many are aware of financial systems that function in accordance to religious practice.  One such example is Islamic Banking, a form of investment that follows Shari’a Law principles. Islamic Banking aligns with conventional banking in that the purpose is to make profit from investment, but lending money at interest is prohibited, as well as investing in activities prohibited by the Quran, such as gambling, pornography or alcohol.

 

The topic of this webinar session is not to advocate the spread of Islamic Banking, nor to condemn it, but to offer opposing views on theories and practice to approach this economic system through a more balanced perspective.

Islamic Banking

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