explain three pricing policies in Islamic economics
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Explanation:
Type of price (according to Islamic point of view)
Islam has declared two main types of prices according to the nature of goods. These are Haram (prohibited) goods and Halal (permitted) goods. So, the price of Haram goods is Haram and the price of Halal goods is also Halal if any wrong doings are not involved.
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The Islamic economic system is the collection of rules, values and standards of ... Their argument is that part of the price was related to time.
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