👉 Bouk is a term in Chinese, which means "waste" or "disposal." It refers to the process of using waste materials for other purposes, such as creating new products, improving existing ones, or recycling them. In the context of environmental sustainability and resource management, it can be considered a positive practice to manage waste responsibly and reduce its impact on the environment.
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What is the definition of Boukit? 🙋
👉 Boukit is a term used in Islamic finance to refer to the process of calculating interest on an investment. It is typically done by dividing the principal amount by the number of compounding periods per year, and then multiplying that result by the annual interest rate. This method can be useful for investors who wish to calculate their future returns based on historical data or market trends.
