A Major Distinction Between a Conventional Bank and an Islamic

question 23

Multiple Choice

A major distinction between a conventional bank and an Islamic bank is that:

• A) Islamic banks are allowed to charge higher interest rates on loans.
• B) Islamic banks cannot accept private deposits.
• C) Islamic banks cannot pay or charge interest.
• D) Islamic banks are not subject to any form of law.
• E) Islamic banks are supposed to refrain from making a profit through any source.

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Definitions:

Social Assumption

Preconceived notions or generalized beliefs held by individuals about other people, groups, or societal norms, often without supportive evidence or personal experience.

Genitalia

The external and internal organs of the reproductive system in animals and humans.

Sexuality

The capacity for sexual feelings, including a person's sexual orientation, preferences, and practices.

Sexual Desires

The natural or instinctual attraction and longing for sexual activity or engagement, which varies widely among individuals.