Unit 4 Islamic banking

The basics of Islamic banking

Word Definition Translation

Islamic (adj) of the Muslim religion which was

started by Muhammad and whose
holy book is the Koran
Muslim (adj) someone whose religion is Islam

Shari’ah (adj) the code of conduct or religious

laws of Islam
govern (v) to officially and legally control and
make all the decisions
invest (v) to buy shares, property or goods

alcohol (n) drinks such as beer or wine that

contain a substance which can
make you drunk
pork (n) the meat from pigs

poor (adj) having very little money and not

many possessions
Mohammed (n) the Arab prophet who founded the
religion of Islam
ethnic value (n) traditional ideas about what a
group of people who are of a
different race should be like, which
emphasise the importance of their
beliefs
restrict (v) to limit or control the size, amount
or range of something
trade (n) the activity of buying, selling or
exchanging goods
donate (v) to give something, especially
money, to a person or an
organisation in order to help them

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Word Definition Translation

fund (n) an amount of money that is

collected and kept for a particular
purpose
authorities (n pl) the official organisations or
government departments that have
the power to make decisions, and
have particular responsibilities

PHOTOCOPIABLE © 2012 Pearson