Over the past few decades, Islamic banking has become one of the fastest-growing segments of the global financial industry. Whereas in the mid-20th century, Sharia-based principles were mostly confined to local Muslim regions, today Islamic banking in the global financial system is steadily carving out a niche, attracting leading market players and investors. This article […]
When we talk about Islamic finance, large-scale projects, investments, government financing, and sukuk often come to mind. However, a key part of the Sharia-based economy also involves the daily financial life of ordinary people. Islamic finance for individuals addresses how Muslims (and not only) can apply Sharia principles to personal money management, banking operations, and […]