A major distinction between a conventional bank and an Islamic bank is that Islamic banks:

A. are allowed to charge higher interest rates on loans.

B. cannot accept private deposits.

C. cannot pay or charge interest.

D. are not subject to any form of law.

E. are supposed to refrain from making a profit through any source.

C

Business

You might also like to view...

The physical context of communication refers to

A) location B) purpose C) relationship D) time

Business

According to Young and Rubicam's BrandAsset® Valuator, a brand's ________ measures how well the brand is regarded and respected

A) differentiation B) energy C) relevance D) esteem E) knowledge

Business