| | Islamic financial practices are founded on the core belief that money is not an earning asset in and of itself. However, the system can only be understood in the context of Islamic attitudes towards ethics, wealth distribution, social and economic justice, and the role of the state. Principles encouraging risk sharing, individual rights and duties, property rights and the sanctity of contracts are all part of the Islamic code underlying the banking system. Islamic banking is one of the fastest growing segments of the financial services market in the Islamic world. | |
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