RIBA - The Islamic prohibition against usury or interest., GHARAR - The Shariah principle that forbids uncertainty in contracts., MAISIR - Arabic term for gambling or games of chance., SHARIAH - The guiding objective of Islamic law known as Maqasid ________., TAKAFUL - Islamic insurance based on the concept of mutual assistance., AAOIFI - Organisation that develops accounting and auditing standards for Islamic finance (acronym)., ADL - Principle of fairness and justice in Islamic finance transactions. (Arabic), 1993 - Year when Malaysia’s first Islamic banking window scheme began., IFSA - The act that consolidated the regulation of Islamic financial institutions in 2013., SAC - Established in May 1997 as the highest Shariah authority for Islamic financial institutions in Malaysia., MAQASID - Concept representing the higher objectives of Islamic law., SHELL - The first corporate sukuk in Malaysia was issued by ______ MDS.,

Islamic Finance Fundamentals

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