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What alternative financial model has developed based on profit-and-loss sharing rather than interest, in line with Islamic economic principles?

AIslamic banking / finance
BConventional banking
CBarter-only systems
DFeudal taxation

Explanation

Islamic banking uses instruments like Mudarabah (profit-sharing) and Murabaha (cost-plus financing) to structure transactions without relying on interest.

Submitted by: mcqstutor Team More Islamic Studies MCQs →

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