culture   Islamic finance

7 commonsense assertions
Concepts (7) interest (1) investment (1) alcohol (1) interest rate (1) modesty (1) pork (1) zakat (1)
# Concept Culture Statement Freq.
1 interest Islamic finance Islamic finance is based on profit-sharing principles and prohibits the use of interest. 2
2 investment Islamic finance Islamic finance emphasizes ethical and Sharia-compliant investment practices. 2
3 alcohol Islamic finance In Islamic finance, alcohol is considered forbidden and is not used in financial transactions. 1
4 interest rate Islamic finance In Islamic finance, interest is forbidden and financial transactions are based on profit-sharing and equity. 1
5 modesty Islamic finance Modesty in dress and behavior is a significant value in Islamic finance culture. 1
6 pork Islamic finance Pork is prohibited in Islamic finance and is not used in food-related business transactions. 1
7 zakat Islamic finance Zakat is a significant obligation in Islamic finance for wealth distribution through charitable giving. 1