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This meant that not only were interest-bearing loans, accounts, and bonds not allowed, but many financial instruments and activities common in conventional financial markets have been forbidden by most Muslim scholars because of their connection with maisir or gharar [Note 1] (and also sometimes because they involve payment of interest).
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Cultivated meat is currently only sold in tiny quantities in the United States and Singapore, but companies hope private and public investors will infuse the sector with enough cash to scale ...
That survey of fund managers and investment firms found "an estimated 28 percent" of investors wanted to invest in sukuk-owning mutual funds, 21% in equity-owning funds and 15% in funds owning real estate. [220] Benchmarks to gauge the funds' performance have been established by Dow Jones and the FTSE Global Islamic Index Series. [226] (Dow ...
unrestricted investment accounts (UIAs) do not, [358] leaving the bank or investing institution full authority to invest funds as "it deems fit", unrestricted by purpose, geography, or means of investing. [359] In exchange the accounts may be "tailored to meet a diverse range of customer needs and preferences", but are not guaranteed against ...
The USDA gave two brands, Good Meat and Upside Foods, the green light last week to start producing and selling lab-grown, or cultivated, chicken in the United States. But is that kosher, literally?
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The pig is considered an unclean animal as food in Judaism and Islam, and parts of Christianity. In some religions , an unclean animal is an animal whose consumption or handling is taboo . According to these religions, persons who handle such animals may need to ritually purify themselves to get rid of their uncleanliness.