A dual contract is an illegal or unethical practice in which two different contracts are provided for the same transaction. One contract reflects a larger amount and is used to apply for a loan, while the real contract is for a lower amount.
Halal finance refers to financial and banking activities compliant with Islamic law, which prohibits activities involving interest (riba) and certain other unethical practices. It encompasses forms of funding and asset management respecting Sharia principles.
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