An Islamic economy is rooted in principles drawn from the Quran and the Sunnah. These teachings emphasize moral responsibility, social justice, and a strong link between ethical values and economic transactions. When we talk about an Islamic economy, we focus on justice, fair distribution of resources, and a sense of accountability before God. Unlike systems […]
Метка: Shariah compliance
Islamic Finance and Gold: The Role of the Precious Metal in Shariah-Compliant Financing
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 […]