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Al-Sarf Al-Islami: Principles and Distinctions

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Al-Sarf Al-Islami: Principles and Distinctions

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What is the focus of Al-Sarf Al-Islami?

Secular financial regulations

International trade agreements

Traditional investment strategies

Islamic banking transactions (correct)

What is the primary source of guidance for Al-Sarf Al-Islami?

Quran and Sunnah (correct)

World Bank policies

European Union directives

United Nations conventions

What sets Al-Sarf Al-Islami apart from conventional financial systems?

Emphasis on high leverage ratios

Heavy reliance on speculative trading

Inclusion of complex derivative products

Prohibition of interest (Riba) (correct)

Al-Sarf Al-Islami: Principles and Distinctions

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Questions and Answers

What is the focus of Al-Sarf Al-Islami?

What is the primary source of guidance for Al-Sarf Al-Islami?

What sets Al-Sarf Al-Islami apart from conventional financial systems?

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