Uncover the principles and operations of Islamic banking in this informative category. Learn how Islamic banks function without interest income and how they differ from conventional banks. Explore the opportunities Islamic banking offers for financing and understand the ethical and religious foundations that guide their services.
Shariah Standard 17 is one of the key regulatory documents governing the issuance, structure, and circulation of investment sukuk in the Islamic finance industry. Developed by the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), this standard aims to unify the market for sukuk—ensuring compliance with core principles of Shariah law and establishing a […]
Buying a home is a major financial milestone for many families. However, for Muslims, the process of purchasing property comes with the added responsibility of adhering to Shariah principles. Conventional mortgage systems often involve riba (interest), which is strictly prohibited in Islam. As a result, many Muslims seek halal alternatives for home financing. This article […]
Investment banking plays a crucial role in the modern global economy, offering services such as capital raising, mergers and acquisitions advisory, asset management, and other financial services for companies, governments, and institutional investors. However, for Muslim investors and financial professionals, an important question arises: How does investment banking align with Shariah principles? In this article, […]
Investing in Exchange-Traded Funds (ETFs) has become one of the most popular ways for investors worldwide to diversify their investment portfolios. ETFs offer the opportunity to invest in a broad range of assets with low costs and high liquidity. However, for Muslim investors, an important question arises: How to invest in ETFs in accordance with […]
Halal (Arabic: حلال) is a term widely used in Islam to denote everything that is permissible and lawful according to Shariah (Islamic law). The concept of halal encompasses various aspects of a Muslim’s life, including food, clothing, behavior, financial transactions, and much more. This article provides a detailed exploration of what halal means, its significance […]
Islamic finance and the banking system present a unique model of financial relations based on the principles of Shariah law. Unlike the conventional banking system, Islamic banks operate without the use of interest and adhere to strict ethical norms. This article provides a comparative analysis of Islamic and conventional banking systems, examines their principles, practices, […]
Islamic finance and banking represent an alternative financial system based on the principles of Shariah—the Islamic religious law. This system seeks to ensure justice, transparency, and ethics in financial relations. Over the past decades, Islamic banking has gained widespread acceptance not only in Muslim countries but also globally. This article examines the fundamental principles of […]
For millennia, gold has played a vital role in the world’s economy and culture. In Islamic finance, gold holds a special place, serving not only as a store of value and medium of exchange but also as an asset governed by specific Shariah rules and regulations. This article explores how gold is used in Islamic […]
In today’s world, saving money is an essential aspect of financial planning. Many Muslims ask, Can you save money in Islam? and how can this be done while adhering to religious guidelines? This article explores the Islamic view on saving, the principles of financial management in Islam, and effective strategies for accumulating wealth in a […]