12.04.2012 - Glossary - Islamic finance definitions
Islamic finance, based on religious principles which avoid interest and pure monetary speculation, is growing rapidly, supported by large pools of sharia-compliant funds in the Gulf and the opening of North African markets in the wake of the Arab Spring. Here is summary of commonly used terms and concepts: Amana: Deposit in trust; a widely applied term that refers to anything in the safekeeping of another...............................................Full Article: Source
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