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One of the principles of the Islamic bank commercial transactions is the prohibition of business that is involved in activities barred by the religion. List

  1. One of the principles of the Islamic bank commercial transactions is the prohibition of business that is involved in activities barred by the religion. List any SIX (6) types of business prohibited by the Shariah.
  2. Along with riba, the Shariah also forbids gharar in any Islamic commercial transactions. What is meant by the word gharar from the literal and technical sense and the reason for its prohibition?

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