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The Standard Group Plc is a
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print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Regulations designed to prevent usury, or the taking of "excessive" interest, have been debated from the time of Prophet Mohamed in the Islamic world.
In Islamic countries, usury is actually forbidden by law in accordance with the Quaranic instructions. That is why Muslims prefer to borrow through Shariah-compliant lending systems that prohibit excessive charging of interest.
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