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obey the theological teachings of the primary sources of Islam, the Quran and Sunnah, as stakeholders expect these … Islam, which allow investments that are only partially halal (allowable) to be included in their portfolios. This study …
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This paper examines the ethical foundations of the Islamic financial industry which is strongly criticized for its similarity with conventional finance. In this paper, we argue that this criticism is based on the consequentialist reasoning. The deontological considerations are largely ignored...
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