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Differentiate between “riba” and “gharar” as used in Islamic finance.

      

Differentiate between “riba” and “gharar” as used in Islamic finance.

  

Answers


Francis
Differences between “riba” and “gharar” as used in Islamic finance
- Riba – is premium charged on money borrowed. Its usury/financial interest.
- Gharar – is the uncertainty regarding the subject matter or the terms of a contract.
francis1897 answered the question on November 7, 2022 at 09:12


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