In Islamic Banking,all Except One of the Following Are Honoured

question 39

Multiple Choice

In Islamic banking,all except one of the following are honoured principles:

• A)the time value of money
• B)Shari'a Law
• C)no interest (Riba)on loans
• D)a Mudaraba contract

---

Definitions:

Burgess Shale

A famous fossil field located in the Canadian Rockies of British Columbia, known for the exceptional preservation of the soft parts of its fossils from the Cambrian Period.

Cambrian Period

A geologic era approximately 541 million years ago, marked by a rapid increase in the diversity of life and the appearance of most major animal groups.

Evolution

The way in which a range of living beings is believed to have originated and diversified from former types during the chronological history of the earth.

Evolutionary Diversification

The process by which a single ancestral species evolves into a wide variety of descendant species differing in morphology, behavior, and ecological niches.