#Sukuk Bonds – Islam Peace Of Heart

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Sukuk Bonds Introduction: Sukuk bonds, also known as Islamic bonds, are a form of debt securities that comply with the principles of Islamic finance. These principles prohibit the payment of interest, which is considered to be usury. Instead of paying interest, Sukuk bonds pay returns based on the profits generated by the underlying assets. Sukuk … Read more

#Insurance In Islam – Islam Peace Of Heart

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Insurance In Islam In Islamic finance, insurance is known as “takaful” and is based on the principle of mutual cooperation and solidarity. In a takaful system, participants contribute to a fund that is used to provide financial protection to members in the event of unforeseen circumstances such as illness or death. Unlike conventional insurance, takaful … Read more

#Forex Trading In Islam – Islam Peace Of Heart

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Forex Trading In Islam Forex trading is permissible in Islam as long as it is done in a manner that is permissible under Shariah law. This means that it must be conducted in a risk-sharing manner and not involve any form of interest (riba). Additionally, the use of leverage is also not permissible under Shariah … Read more