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Islamic law, also known as Shariah, provides detailed guidelines for financial transactions and business ethics, emphasizing fairness, transparency, and justice. Here are key principles:

*Financial Transactions:*

1. Prohibition of Riba (Interest): Islam forbids interest-based transactions.

2. Halal (Permissible) Income: Earnings must come from lawful sources.

3. Zakat (Charity): Wealthy individuals must give 2.5% of their assets to the needy.

4. Contracts: Must be clear, concise, and mutually agreed upon.

*Business Ethics:*

1. Honesty: Truthfulness in dealings and representations.

2. Fairness: Equitable treatment of all parties.

3. Transparency: Clear disclosure

Becachu mano Answered question November 22, 2024
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