41. The entry says the company conducts its business according to Islamic principles and neither pays nor charges interest. 42. The organization is based in New Delhi, India, but Bangladesh has always hosted the gathering, where scholars discuss Islamic principles and values. 43. The revised law will also regulate the setting up and running of banks established under Islamic principles and give a clearer definition of bank secrecy. 44. The university will offer courses on banking according to Islamic principles, which discourage interest-earning loans. 45. Under Islamic banking principles, banks do not charge interest, viewed by orthodox Muslims as usury. 46. Under Islamic banking principles, banks do not charge or pay interest, viewed by orthodox Muslims as usury. 47. Welfare lobbies to make Islamic principles the basis for the social system, including barring interest on loans and bank accounts. 48. However Muttaqi stated that any negotiated deal, via the UN or any other party, must be in accordance with accepted Islamic principles. 49. Islamic banking follows Islamic principles which disallow the charging of interest. 50. Iran opened its first women-only university this week as part of a drive to segregate the sexes in line with Islamic principles. |
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