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5. The method of the "double sale" was used in some Islamic societies to get around prohibitions on usury in Islam. This involved along with the loan...

5. The method of the "double sale" was used in some Islamic societies to get around prohibitions on usury in Islam. This involved along with the loan transaction what sale?

A. Sale of a religious indulgence forgiving the loan interest.

B. Sale of a small piece of cloth at an inflated price.

C. Sale of a peppercorn at an inflated price.

D. Sale of two offsetting foreign currency transactions.

E. Sale of a silver penny at an inflated price. 

Top Answer

A. Sale of a religious... View the full answer

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Answer is Option A. Sale of a... View the full answer

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