Islamic Finance: Is the current Islamic banking system merely a 'play on words' or within the 'spirit' of the Islamic laws?

Question added by Naheem Razwan , Managing Consultant , Obsidian Strategy Consulting
Date Posted: 2015/06/18

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by Waqayan Al Waqayan , Secretary of Sharia Supervisory Board (SSB) , Ahli United Bank (AUB)

of course NOT.

It is based on Islamic rules and provisions learned from Quran and Sunna.

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