English 145
Vocabulary
Islamic Banking
Find the following words or phrases in the text entitled "Islamic Banking' in your book.
Note in the first column the number of the line (L) where the word is. The number of the
paragraph (P) is already given (This will be useful for any future reading and/or revision
of the unit). After finding the word, discuss, with the members of your group the
meaning of each word as it is used in the text. Words that are marked with an asterisk
have already been covered in previous units. If you are unable to guess the meaning,
you may use your dictionary. Some of the information is given below and you have to fill
in the missing details.
P/L
Word
P1L2 teller
P1
usury
P1
business venture *
P1
averse to
P1
leaitimate *
Meaning
window where you can cash money in a bank or a cash
machine
object to somethina or do not like or aoorove of somethina
P2L1 global *
P2
investment *
P2
prohibition
P2
forbid
not to allow
P2
consensus
when almost everyone agrees on something
P2
encompass
includes
P2
cash advance
P3a
principal
P3b
partner
P3
enterprise
P3
creditor
P3
capital
transaction or business activity
P3
risk *
P3
reward
P3c
medium
a method or way to do something
P3
via
P3
initiative
throuqh
to be able to make a decision to do something without anyone
tellinq vou to do it
P3
Muslim jurist
P3
potential
P3
debt
P3
return
P3
transaction *
P3
speculation
P3
rationale
P3d
counter values
P3
P3
exploitation
interest
differentials
P3e
real-estate
P3
construction
quessinq somethinq without havinq enouqh information
t he reasons for doing something or making a decision about
somethinG
The difference, from one bank to another, in the amount of
interest Given when you kee/Jcash in that bank
the business of buying and selling property such as land or a
house