Under the Islamic banking method of mudarabah, when an Islamic bank lends money to a business, rather than charging that business interest on the loan, it takes a share in the profits that are derived from the investment
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TRUE
The Islamic banking method of the mudarabah contract is similar to a profit-sharing scheme. Under mudarabah, when an Islamic bank lends money to a business, rather than charging that business interest on the loan, it takes a share in the profits that are derived from the investment.
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Business-to-consumer telemarketing is increasing
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According to the International Data corporation, the market share, in the second quarter of 2011,
of the world's top five mobile vendors was as follows: Nokia: 24.2%; Samsung: 19.2%; LG: 6.8%; Apple: 4.5%; and ZTE: 4.5%. If the global market for mobile phones has a typical market structure, which company is the main market challenger? A) Apple B) Nokia C) Samsung D) LG