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Islamic finance - people shouldn't enjoy an increase in wealth from allowing someone else to use their money unless the first person is prepared to expose risk thier wealth to loss. Sharia law sees profit as a return for the effort someone put into a business. So a person is allowed to receive a fair proportion of the profits they have helped to make but isnt allowed to make a profit by lending to someone. Sharia law considers that conventional financial systems are unstable because using money as a commodity results in inequality of income and wealth at the expensive of wider society Free of interest, speculation, gambling - considered exploitation Sharia law also states that a person or an institution must place their money only in investments that are ethical. The investments Made in permissible activities ...
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