Business activities to be carried on the basis of Shariyah
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Banking or banking activity that complies with sharia(Islamic law) — known as Islamic banking and finance, or sharia[1] compliant finance[2] — has its own products, services and contracts that differ from conventional banking. Some of these include Mudharabah (profit sharing), Wadiah (safekeeping), Musharakah (joint venture), Murabahah (cost plus finance), Ijar (leasing), Hawala (an international fund transfer system), Takaful (Islamic insurance), and Sukuk (Islamic bonds)
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