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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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Questions and Answers

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)

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