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2. Islamic finance products, services and contracts - Wikipedia

   en.wikipedia.org/wiki/Islamic_finance_products...

   While the original Islamic banking proponents hoped profit-loss sharing (PLS) would be the primary mode of finance replacing interest-based loans, long-term financing with profit-and-loss-sharing mechanisms is "far riskier and costlier" than the long term or medium-term lending of the conventional banks, according to critics such as economist Tarik M. Yousef.

3. Islamic banking and finance - Wikipedia

   en.wikipedia.org/wiki/Islamic_banking_and_finance

   Islamic banking, Islamic finance ( Arabic: مصرفية إسلامية masrifiyya 'islamia ), or Sharia-compliant finance [1] is banking or financing activity that complies with Sharia (Islamic law) and its practical application through the development of Islamic economics. Some of the modes of Islamic finance include mudarabah (profit-sharing ...

4. Syndicated loan - Wikipedia

   en.wikipedia.org/wiki/Syndicated_loan

   Money portal. v. t. e. A syndicated loan is one that is provided by a group of lenders and is structured, arranged, and administered by one or several commercial banks or investment banks known as lead arrangers . The syndicated loan market is the dominant way for large corporations in the U.S. and Europe to receive loans from banks and other ...

5. What are instant loans? Everything you need to know - AOL

   www.aol.com/finance/instant-loans-everything...

   An instant loan is a short-term loan that’s typically for a small amount of money and comes with high interest rates and fees. Often, people turn to them because they are facing an emergency ...

6. Riba - Wikipedia

   en.wikipedia.org/wiki/Riba

   Most Muslims and most "non-Muslim observers of the Islamic world" believe that interest on loans (also on bonds, bank deposits etc.) is forbidden by Islam. (Such loans — or banks that make them — are sometimes referred to as ribawi, i.e. carrying riba.) This "orthodox" position is fortified by "voluminous and overwhelming" scholarly literature.

7. Bank Islam Malaysia - Wikipedia

   en.wikipedia.org/wiki/Bank_Islam_Malaysia

   Bank Islam Malaysia Berhad ( Jawi: بڠك اسلام مليسيا برحد) is an Islamic bank based in Malaysia that was established in July 1983. [1] Bank Islam was established primarily to assist the financial needs of the country's Muslim population, and extended its services to the broader population. The bank currently provides Sharia ...