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  2. 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 ...

  3. 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.

  4. 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 ...

  5. Common personal loan myths — and the actual facts you ... - AOL

    www.aol.com/finance/common-personal-loan-myths...

    Myth: Personal loans are worse than credit cards. For those with a good to excellent credit score and a stable income, the interest rate on personal loans is often lower than credit cards. You may ...

  6. 8 ways to spot personal loan scams - AOL

    www.aol.com/finance/8-ways-spot-personal-loan...

    1. Unrealistic guarantees for approval. One of the easiest ways to spot a loan scam is the promise of guaranteed approval. All legitimate lenders require an assessment to determine your ...

  7. Should I get a personal loan? Here are the pros and cons - AOL

    www.aol.com/finance/pros-cons-personal-loans...

    A personal loan can fund expenses such as debt consolidation or medical costs. Personal loans tend to carry lower interest rates than credit cards, which can make them more affordable for ...

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