VOICED: Islamic finance on the up in Egypt

VOICED: Islamic finance on the up in Egypt

Assessment

Interactive Video

Business

10th Grade - University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the rise of Islamic banking in Egypt, highlighting its adherence to Islamic law by avoiding forbidden sectors and interest. Islamic finance has grown significantly, becoming a $1 trillion industry by sharing profits and losses with customers. While some customers prefer Islamic banks for ethical reasons, others favor traditional banks due to lower interest rates. The future of Islamic banking looks promising with its global expansion.

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1 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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