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The differences between Islamic banks and conventional banks are: a. The prohibition of Riba (interest, usury), Gharar (excessive uncertainty), and Haram (impermissible) activities b. The
The differences between Islamic banks and conventional banks are:
a. | The prohibition of Riba (interest, usury), Gharar (excessive uncertainty), and Haram (impermissible) activities | |
b. | The implementation of the profit and loss sharing (PLS) principle | |
c. | The emphasis on productivity and real economic activity (rather than creditworthiness) | |
d. | All of the above |
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