Question

Interest (riba) is prohibited (haram) in islam. So, islamic banking operates through ijara, murbaha, musharaka mechanisms- in which depositors money is invested in borrowers property / business and returns are shared in form of rent / profit but not in the form of

Answer 1

Answer:

Interest (riba) is prohibited (haram) in islam. So, islamic banking operates through ijara, murbaha, musharaka mechanisms- in which depositors money is invested in borrowers property / business and returns are shared in form of rent / profit but not in