What is interest and is there a difference between interest and Riba?
Answers from the sources
Allied Bank Limited
“Interest refers to an excess amount charged on loans or debts, which is equivalent to Riba in Islamic teachings. Both are prohibited.”
Sourcewww.abl.com
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- Allied Bank Limited — company guide
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- Published
- 2026-10-23
- Modified
- 2026-10-23
- ready-scan-subjects/Q4732553
- revision Q4732553:content:1365a5b372b10c12