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Fees, Commissions and Fixed Charges Are Not Permitted for Islamic

question 62

True/False

Fees, commissions and fixed charges are not permitted for Islamic banking or finance services performed by either a corporate body or an individual.


Definitions:

Vision

Vision is a term used to describe a clear sense of the future.

Present State

The current condition or status of a person, group, project, or system at a specific point in time.

Personal Power

The influence or authority a person has over others due to their skills, qualities, or personal attributes, as opposed to formal authority.

Interpersonal Contacts

The social and professional interactions that occur between individuals in the workplace or other contexts.

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