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Rules for Calculating Profit in Financial Transactions - Adoption of the Standard

IM Research
By IM Research
6 years ago
Rules for Calculating Profit in Financial Transactions - Adoption of the Standard

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  1. Shari ’ah Standard No (47): Rules for Calculating Profit in Financial Transactions Adoption of the Standard The Shari’ah Board adopted this Standard in its meeting No. (30) held in the Kingdom of Bahrain during the period of 24-26 Jumada II, 1432 A.H., corresponding to 27-29 May 2011 A.D. 1142