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AllahDesignIslamic FinanceIncome InequalityWorld BankVisual BoardFinanceQuick SavesProspects for the global Islamic finance industry and its potential to reduce worldwide income inequality(French) The World Bank Group and the Islamic Development Bank published the first Global Report on Islamic Finance, which details the prospects for the global Islamic finance industry and its potential to help reduce worldwide income inequality, enhance sharing prosperity, and achieve the Sustainable Development Goals. Subtitled “A Catalyst for Shared Prosperity?”, the report provides an overview of trends in Islamic finance, identifies major challenges hindering the industry’s growth, and…
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Islamic FinanceAccounting CourseIslamic BankFinance DegreeWebsite AnalysisFinancial OrganizationRetail BankingIslamic StudiesGlobal EconomyHow Do Islamic Banks Make Money?This article explains the workings of Muslim Banks, Islamic Finance, and financial products. Without charging interest, how do these institutions make money?