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What Is The Ruling On Buying A Digital Prize Bond ?
Question: digital investment product by the Central Directorate of National Savings (CDNS) called ‘Digital Prize Bond (DPB)’. The procedure outlined in its SOPs..
A Scenario In Which Profit On Bonds Issued By A Private Bank Becomes Ribah
Question: bonds worth 1000 Dirham on the name of a bond holder. Every three months, the bank conducts a draw and distributes its profit. The bank issues receipt..