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 […]