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The Inequities of Capitalistic Banking Systems: A Call for Financial Inclusion and Reform

The Inequities of Capitalistic Banking Systems

The Inequities of Capitalistic Banking Systems: A Call for Financial Inclusion and Reform A troubling trend emerges in capitalistic banking systems: the rich get richer while the masses grow poorer. Take, for instance, the scenario where a single bank holds deposits from millions of individuals, comprising 95% of its funds. Yet, who reaps the benefits […]
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Sharia-Compliant Investing

Sharia Compliant Investing

Sharia-Compliant Investing: The Crucial Role of Sharia Advisory Services in Islamic Finance In the realm of Islamic finance, Sharia advisory services emerge as the custodians of ethical and faith-driven financial practices. These specialized entities offer a comprehensive approach to ensure that financial institutions operate strictly within the bounds of Islamic law (Sharia). Here’s a detailed […]
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INVESTING USMANI AND COMPANY

Many Shariah scholars proposed criteria for determining whether a company or stock is Shariah-compliant.

Many Shariah scholars proposed criteria for determining whether a company or stock is Shariah-compliant. As a result, the attention was shifted to businesses that engaged in both allowed and disallowed activity according to Shariah. The major goal of the proposed criteria was to include a company in the list of shariah-compliant companies that had an […]
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