{"schemaVersion":"ready-scan.resource-sources.v1","locale":"en","path":"/sources/source-7637147248ad95cc","canonicalUrl":"https://knowledge.readyscan.ai/sources/source-7637147248ad95cc","machineUrl":"https://knowledge.readyscan.ai/discovery/sources/source-7637147248ad95cc.json","page":1,"pageSize":48,"totalCount":1,"totalPages":1,"previous":null,"next":null,"kind":"source","source":{"id":"source-7637147248ad95cc","url":"https://www.abl.com/islamic/frequently-asked-questions/","title":"Allied Bank Limited: /islamic/frequently-asked-questions/","publisher":"abl.com","publicationCount":1,"modifiedOn":"2026-10-23","path":"/sources/source-7637147248ad95cc","canonicalUrl":"https://knowledge.readyscan.ai/sources/source-7637147248ad95cc","machineUrl":"https://knowledge.readyscan.ai/discovery/sources/source-7637147248ad95cc.json"},"items":[{"key":"subject:Q4732553","citations":[{"id":"source-7637147248ad95cc","url":"https://www.abl.com/islamic/frequently-asked-questions/","title":"Allied Bank Limited: /islamic/frequently-asked-questions/","publisher":"abl.com","accessedOn":"2026-10-23"}],"editions":[{"language":"en","title":"Allied Bank Limited","description":"Commercial bank in Pakistan.","path":"/entities/allied-bank-limited-q4732553","canonicalUrl":"https://directory.readyscan.ai/entities/allied-bank-limited-q4732553","machineUrl":"https://directory.readyscan.ai/discovery/entities/allied-bank-limited-q4732553.json","modifiedOn":"2026-10-23"}],"subject":{"slug":"allied-bank-limited-q4732553","name":"Allied Bank Limited","questions":[{"question":"What is Islamic Banking?","path":"/entities/allied-bank-limited-q4732553#company-answer-content-native-digital-agencies-19cd227f9100d990-a-e5ddf3b82d1581315915"},{"question":"What is meant by Riba?","path":"/entities/allied-bank-limited-q4732553#company-answer-content-native-digital-agencies-19cd227f9100d990-a-f495ac0f345a1f0a5bc8"},{"question":"What is interest and is there a difference between interest and Riba?","path":"/entities/allied-bank-limited-q4732553#company-answer-content-native-digital-agencies-19cd227f9100d990-a-ac39b0f31e75fee98d06"},{"question":"What are the Quranic verses about the prohibition of Riba?","path":"/entities/allied-bank-limited-q4732553#company-answer-content-native-digital-agencies-19cd227f9100d990-a-a0fcdee4d30e8e8708a6"},{"question":"What are the sayings of the Prophet Muhammad (PBUH) about Riba?","path":"/entities/allied-bank-limited-q4732553#company-answer-content-native-digital-agencies-19cd227f9100d990-a-eec7cda9123d92f22d74"},{"question":"What is the difference between conventional and Islamic banking?","path":"/entities/allied-bank-limited-q4732553#company-answer-content-native-digital-agencies-19cd227f9100d990-a-ea304e9eaae986040ebb"},{"question":"How do Islamic banks generate profit without interest?","path":"/entities/allied-bank-limited-q4732553#company-answer-content-native-digital-agencies-19cd227f9100d990-a-e6fb32a79889ed1b66f9"},{"question":"Do Islamic banks disguise interest as profit?","path":"/entities/allied-bank-limited-q4732553#company-answer-content-native-digital-agencies-19cd227f9100d990-a-29710780a7eede2b93ff"}],"facts":[{"id":"content-native-digital-agencies-19cd227f9100d990-a-e5ddf3b82d1581315915","label":"What is Islamic Banking?","value":"“Islamic banking is a financial system based on Islamic Shariah, avoiding interest-based transactions and promoting ethical finance through asset-backed trade and profit-sharing models.”","path":"/entities/allied-bank-limited-q4732553#company-fact-content-native-digital-agencies-19cd227f9100d990-a-e5ddf3b82d1581315915","questionPaths":["/entities/allied-bank-limited-q4732553#company-answer-content-native-digital-agencies-19cd227f9100d990-a-e5ddf3b82d1581315915"]},{"id":"content-native-digital-agencies-19cd227f9100d990-a-f495ac0f345a1f0a5bc8","label":"What is meant by Riba?","value":"“Riba refers to any excess or additional amount charged without due consideration, such as interest on loans, and is prohibited under Islamic law.”","path":"/entities/allied-bank-limited-q4732553#company-fact-content-native-digital-agencies-19cd227f9100d990-a-f495ac0f345a1f0a5bc8","questionPaths":["/entities/allied-bank-limited-q4732553#company-answer-content-native-digital-agencies-19cd227f9100d990-a-f495ac0f345a1f0a5bc8"]},{"id":"content-native-digital-agencies-19cd227f9100d990-a-ac39b0f31e75fee98d06","label":"What is interest and is there a difference between interest and Riba?","value":"“Interest refers to an excess amount charged on loans or debts, which is equivalent to Riba in Islamic teachings. Both are prohibited.”","path":"/entities/allied-bank-limited-q4732553#company-fact-content-native-digital-agencies-19cd227f9100d990-a-ac39b0f31e75fee98d06","questionPaths":["/entities/allied-bank-limited-q4732553#company-answer-content-native-digital-agencies-19cd227f9100d990-a-ac39b0f31e75fee98d06"]},{"id":"content-native-digital-agencies-19cd227f9100d990-a-a0fcdee4d30e8e8708a6","label":"What are the Quranic verses about the prohibition of Riba?","value":"“The Quran prohibits Riba in various verses including Surah Ar-Rum (30:39), An-Nisaa (4:161), Al-e-Imran (3:130), and Al-Baqarah (2:275–281).”","path":"/entities/allied-bank-limited-q4732553#company-fact-content-native-digital-agencies-19cd227f9100d990-a-a0fcdee4d30e8e8708a6","questionPaths":["/entities/allied-bank-limited-q4732553#company-answer-content-native-digital-agencies-19cd227f9100d990-a-a0fcdee4d30e8e8708a6"]},{"id":"content-native-digital-agencies-19cd227f9100d990-a-eec7cda9123d92f22d74","label":"What are the sayings of the Prophet Muhammad (PBUH) about Riba?","value":"“The Prophet (PBUH) strongly condemned Riba, cursing all parties involved in such transactions and describing it as a grave sin in multiple Ahadith.”","path":"/entities/allied-bank-limited-q4732553#company-fact-content-native-digital-agencies-19cd227f9100d990-a-eec7cda9123d92f22d74","questionPaths":["/entities/allied-bank-limited-q4732553#company-answer-content-native-digital-agencies-19cd227f9100d990-a-eec7cda9123d92f22d74"]},{"id":"content-native-digital-agencies-19cd227f9100d990-a-ea304e9eaae986040ebb","label":"What is the difference between conventional and Islamic banking?","value":"“Islamic banking avoids interest, operates on real asset-based contracts, and follows profit-and-loss sharing, while conventional banking charges interest and considers money as a tradable commodity.”","path":"/entities/allied-bank-limited-q4732553#company-fact-content-native-digital-agencies-19cd227f9100d990-a-ea304e9eaae986040ebb","questionPaths":["/entities/allied-bank-limited-q4732553#company-answer-content-native-digital-agencies-19cd227f9100d990-a-ea304e9eaae986040ebb"]},{"id":"content-native-digital-agencies-19cd227f9100d990-a-e6fb32a79889ed1b66f9","label":"How do Islamic banks generate profit without interest?","value":"“Islamic banks invest in Shariah-compliant trade, financing, and service activities, and share the profits with depositors based on pre-agreed terms.”","path":"/entities/allied-bank-limited-q4732553#company-fact-content-native-digital-agencies-19cd227f9100d990-a-e6fb32a79889ed1b66f9","questionPaths":["/entities/allied-bank-limited-q4732553#company-answer-content-native-digital-agencies-19cd227f9100d990-a-e6fb32a79889ed1b66f9"]},{"id":"content-native-digital-agencies-19cd227f9100d990-a-29710780a7eede2b93ff","label":"Do Islamic banks disguise interest as profit?","value":"“No, Islamic banks earn profit from real economic activities under Shariah-compliant contracts and distribute it as agreed, which is not interest.”","path":"/entities/allied-bank-limited-q4732553#company-fact-content-native-digital-agencies-19cd227f9100d990-a-29710780a7eede2b93ff","questionPaths":["/entities/allied-bank-limited-q4732553#company-answer-content-native-digital-agencies-19cd227f9100d990-a-29710780a7eede2b93ff"]}]},"selected":{"language":"en","title":"Allied Bank Limited","description":"Commercial bank in Pakistan.","path":"/entities/allied-bank-limited-q4732553","canonicalUrl":"https://directory.readyscan.ai/entities/allied-bank-limited-q4732553","machineUrl":"https://directory.readyscan.ai/discovery/entities/allied-bank-limited-q4732553.json","modifiedOn":"2026-10-23"}}],"versionId":"fnv1a64:078661e12f4e8a22"}