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Which of the statement on Islamic banking is incorrect (A) Islamic...

This question belongs to Banking Awareness Banking Awareness Miscellaneous
Banking Awareness miscellaneous
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Which of the statement on Islamic banking is incorrect? (A) Islamic banking is only for Muslims. (B) Islamic banking activity do not allow paying and receiving of interest. (C) Islamic banking promotes the principle of profit sharing between banking institution and depositor.

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Correct Answer: Option A
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