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Sharia Banking
06 January 2009

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Sharia Banking
Glossary
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Term Definition
GhararLit: uncertainty, hazard, chance or risk. Technically, sale of a thing which is not present at hand; or the sale of a thing whose consequence or outcome is not known; or a sale involving risk or hazard in which one does not know whether it will come to be or not, such as fish in water or a bird in the air.
 


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