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Financial Literacy Bedayah Co-op Flashcards | StudBud
Financial Literacy Bedayah Co-op
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Question 23: What is the Islamic perspective on borrowing money?
A
D)
Borrowing money is only allowed for investment in businesses
B
C) Borrowing money is encouraged for personal gain
C
B) Borrowing money is always prohibited in Islam
D
A) Borrowing money is allowed as long as it doesn’t involve interest (riba)
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