Sharia-compliant capital attraction methods are pivotal in driving Islamic banking growth, excluding riba (interest) and haram (prohibited industries). Mechanisms like mudarabah, musharakah, murabahah, ijarah, sukuk, and digital tools fuel the sector’s expansion, with assets reaching $4.5 trillion in 2022, per ICD-Refinitiv. Statista projects growth to $6.7 trillion by 2027, while Market Data Forecast estimates a […]
The Islamic banking sector is outpacing traditional finance with remarkable momentum. In 2022, global Islamic finance assets hit $4.5 trillion, per ICD-Refinitiv, with projections to reach $6.7 trillion by 2027, per Statista. Its compound annual growth rate (CAGR) of 10% for 2023–2030, per Market Data Forecast, surpasses traditional banking’s 6–7%, per World Bank. What drives […]
Muslim investors around the world often face the dilemma of how to invest their funds in a way that aligns with both their financial goals and religious beliefs. Shariah-compliant investments allow Muslims to effectively manage their finances without compromising Islamic principles. In this article, we will delve into the basics of Islamic investing, the principles […]
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, […]
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 […]