6 points Save Ante in conventional banking, Ointeresto predetermines a fixed rate of return on a loan advanced by the financier irrespective of the profit

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6 points Save Ante "in conventional banking, Ointeresto predetermines a fixed rate of return on a loan advanced by the financier irrespective of the profit eamed or loss suffered by the debtor. As interest is deemed impermissible in Islam, the Musharaka contract does not envisage a foxxed rate of return. Explain the Musharaka contract and how its uses in hlamic Banking Answer in no less than 50 words For the toolbar, press ALT+F10 (PC) or ALT-EN-F10 (Mac) *** B I VS Paragraph V Arial V 10pt LV I x0 52 F 31 X X 1111 19 @ 63 63 EX 38 80 120 (0) O 6 BBY C 6 points Save Ante "in conventional banking, Ointeresto predetermines a fixed rate of return on a loan advanced by the financier irrespective of the profit eamed or loss suffered by the debtor. As interest is deemed impermissible in Islam, the Musharaka contract does not envisage a foxxed rate of return. Explain the Musharaka contract and how its uses in hlamic Banking Answer in no less than 50 words For the toolbar, press ALT+F10 (PC) or ALT-EN-F10 (Mac) *** B I VS Paragraph V Arial V 10pt LV I x0 52 F 31 X X 1111 19 @ 63 63 EX 38 80 120 (0) O 6 BBY C