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What's the difference between Islamic banking and traditional banking?
In contrast to the traditional banking method, Islamic finance, and Islamic banking work with the sole purpose of contributing to the socio-economic goals of the society by placing its focus on profit-sharing schemes.
Is it haram to do business in Islamic finance?
On the other hand, traditional banking is based on earning profits through halal or haram means of doing business, which is why this form of banking is discouraged under Islamic rules and teachings. Considering Islamic Finance as a burgeoning field, this topic must be studied in-depth.
What are the legal principles of Islamic finance?
These legal injunctions are based on moral and ethical principles of Islam that define the entire scope of human society. These moral and ethical principles of the divine guidance are to achieve ‘Falah’ or well-being of the entire mankind.
What should be the topic of an Islamic finance Dissertation?
That is why it is imperative to create an Islamic finance dissertation topic that is articular, sound, and actually solves a practical problem that may be rampant in the field. We can’t stress how important it is to develop a logical research topic; it is based on your entire research.
Last Update: Oct 2021
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