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The following decisions were made:. Based on the in-depth research conducted, the Discourse has found that individual spot forex electronic transactions contain elements of usury riba in the imposition of rollover interest, resemble a sale contract with credit term by way of leverage, is ambiguous forex online analytics terms of the transfer of the possession of items exchanged between the parties, include the sale of currency that is not in possession as well as speculation that involves gambling. Furthermore, it is also illegal under the laws of Malaysia. In relation to the above, the Discourse has agreed to decide that the hukum islam main forex individual spot forex electronic transactions are prohibited as they are contrary to the precepts of the Shariah and are illegal under Malaysian law. Therefore, the Muslim community is prohibited from engaging in forex transactions such as these. The Discourse also stressed that the decision made is not applicable to foreign currency exchange operations carried out at licensed money changer counters and those handled by financial institutions that are licensed to do so under Malaysian law. Click here to view.

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Karthik subbaraman economic times forex

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Nifty 15, Adani Gas 2, Market Watch. Mutual Funds. ET NOW. Indian IT companies tackling growth rates but ready to take advantage of changes: N Chandrasekaran. Will seek Narayana Murthy's advice when needed: Vishal Sikka. Venu Srinivasan. Arvind Kejriwal has redefined what is possible, says Narayana Murthy. Mr Murthy, plan your exit: Infosys' real challenge is to quickly get new leadership. Budget Piecemeal measures are hardly good enough.

Union Budget IT firms deserve better consistency and clarity by tax authorities. Read more news about internet advertising India , internet advertising , advertising India , digital advertising India , media advertising India. ICC announces tender process for media rights for events starting in 3 days ago.

Screenvision Media partners with DBase4Media 4 days ago. Neutrogena uncomplicates skincare for women through its latest campaign 37 minutes ago. Surrogate ad ban: Is the industry ready for big changes?

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Adani Gas 2, Market Watch. Mutual Funds. ET NOW. Indian IT companies tackling growth rates but ready to take advantage of changes: N Chandrasekaran. Will seek Narayana Murthy's advice when needed: Vishal Sikka. Venu Srinivasan. Arvind Kejriwal has redefined what is possible, says Narayana Murthy.

Mr Murthy, plan your exit: Infosys' real challenge is to quickly get new leadership. Budget Piecemeal measures are hardly good enough. Union Budget IT firms deserve better consistency and clarity by tax authorities. Can New Delhi's economic diplomacy change India's business profile in Africa? ICC announces tender process for media rights for events starting in 3 days ago. Screenvision Media partners with DBase4Media 4 days ago. Neutrogena uncomplicates skincare for women through its latest campaign 37 minutes ago.

Surrogate ad ban: Is the industry ready for big changes? Network18 appoints Karthik Subbaraman and Vivek Narayan to editorial leadership team Subbaraman is named Managing Editor for digital news operations, and Narayan will head the regional language network in South India as the Managing Editor.

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The Economic Times Brand Equity seminar on Customer Retention - Prasun Kumar's 4S strategy

karthik subbaraman Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. karthik subbaraman Blogs, Comments and Archive News. Karthik Subbaraman says, biggest challenge before Murthy and Shibulal is that while they prepare the ET Bureau Last Updated: Jul 13, , PM IST. ET Bureau Last Updated: Sep 29, , AM IST Bezos speaks to ET's Santosh Menon, Karthik Subbaraman and Pankaj Mishra about his India bet and how.