Islamic banking and finance are based on the religious principle of:
a. riba (making equity profit).
b. lariba (not making asset-based profit).
c. loa (lending by caste hierarchy).
d. mana (magical contagion).
e. kailash (prohibition on trading).
ANSWER: b
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The world's linguistic diversity has been cut in half, as measured by the number of distinct languages extant, in the past 500 years; and half the remaining languages are predicted to disappear during this century.
Answer the following statement true (T) or false (F)
If the Qd = (40 million) - (8 million × P) and QS = (10 million) + (2 million × P), the equilibrium price for the product is ________.
A) $8 B) $12 C) $3 D) $2
The only means of communication is language
Indicate whether the statement is true or false
All of the following are benefits generated from the kula ring trade EXCEPT:
A) it binds trading partners together. B) trading partners give gifts to each other in addition to trade items. C) it creates political and social alliances between traders. D) it creates high levels of economic disparity between traders from one island to another. E) it increases the islanders' consumption of goods.