Outrageously Funny Word Dictionary :: Boukit

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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.


boukit

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