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Accessing Islamic finance

image of Accessing Islamic finance

On the one hand, the method of accessing Islamic finance is similar to that of conventional finance, given that an Islamic bank will require the same types of basic credit and collateral evaluation procedures as a conventional bank. On the other hand, the process may differ regarding a number of important details. Most notably, as Islamic finance follows the values defined in the Koran, an Islamic bank will not be able to participate in certain business activities, even indirectly.

Related Subject(s): International Trade and Finance
Sustainable Development Goals:
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