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mezya [45]
3 years ago
10

A major distinction between a conventional bank and an Islamic bank is that Islamic banks __ are allowed to charge higher intere

st on loans. cannot accept private deposits. cannot pay or charge interest. are not subject to any form of law,
Business
1 answer:
Vikki [24]3 years ago
5 0

Answer:

cannot pay or charge interest.

Explanation:

Islamic banks are banks that are based on Islamic laws or Sharia laws which is found in the Qur'an.

In Islamic banking, all banking transactions must be compliant with the Sharia laws.

Islamic banks differ from conventional banks in that :

1. they prohibit usury : Usury is charging interest on loans

2. they prohibit all forms of speculation : Islamic laws prohibit all forms of gambling

3. Investments in items that are not allowed in the Qur'an e.g. alcohol

Islamic bank use equity participation to make money. When an  Islamic bank lends money to a business, instead of charging interest on the loan, the receive equity in that business and are entitled to a part of the company's shares

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yuradex [85]

A TRUE

Mark me as Brainliest if I'm correct.

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8 0
3 years ago
tangshan China's stock is currently selling for $160.00 per share and the firm's dividends are expected to grow at 5 percent ind
Aloiza [94]

Answer: Tangshans required rate of return according to CAPM= 3+1.2*(8-3)

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Stock is Overvalued as its intrinsic value is $144.375 but it is selling in the market for $160

Explanation:

7 0
3 years ago
Which of the following represents the textbook authors’ fundamental beliefs about entrepreneurship?
Zanzabum

Answer:

The correct answer is B. Entrepreneurship is a method that requires practice.

Explanation:

Being an entrepreneur is more than a job. Being an entrepreneur is an attitude, a way of life. In the current situation in the world, there are many who recommend betting on entrepreneurship to make a living.

Of course, it is not an easy road, it requires a lot of effort and daily work, but if it goes well it can bring great benefits. And not only monetary. It can grant great freedom, allow us the luxury of not having a boss beyond ourselves, among other advantages.

However, we must also bear in mind that there is a negative part: the risks are greater and the uncertainty is almost definitely installed in our lives. With those ingredients in the balance, in the end the key is in the person, which is the axis of the project. Therefore, before embarking on the adventure it is worth asking if we have an entrepreneurial mindset.

8 0
4 years ago
If the supply of a product increases, thena. more will be purchased at the same priceb. the price of the product must have decli
enyata [817]

Answer: The price of the product must have declined.

Explanation: If the supply for a product increases the supply curve shifts down to the right. With demand for the product unchanged, this will lead to a decline in the price of the product and an increase in quantity.

As can be seen in the figure, Supply curve shifts from S0 to S1, and price falls from P0 to P1.

8 0
3 years ago
The board of directors is typically responsible for​ ________. A. managing dayminustominusday operations B. approving strategic
slega [8]

Answer:

B: Approving Strategic goals and plans

Explanation:

The BOD meets frecuently to revise and define the Strategy  and take the most relevant decitions of the company   . The members of the BOD are the shareholders representatives in the busines.

5 0
4 years ago
Read 2 more answers
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