| 单词 | islamic finance |
| 释义 | > as lemmasIslamic finance Islamic finance n. a financial system that conforms to Islamic principles and Sharia law, esp. by prohibiting the payment or receipt of interest. ΚΠ 1948 S. A. Siddiqi Public Finance in Islam Introd. p. vii The orthodox Islamic Finance does not provide for any banking system for the simple reason that interest is prohibited in Islam. 1997 R. E. Looney Pakistani Econ. ii. vii. 115 Islamic law forbids the fixed or predetermined return on financial transactions, but it does not forbid an uncertain rate of return represented by profits. For this reason, the modern concept of Islamic finance has developed on the basis of profit sharing. 2021 Qatar Tribune (Nexis) 22 Nov. The continued growth of Islamic finance is translating into increased prominence within global finance markets. < as lemmas |
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