Islamic Bank Financing: Principles, Products, And Global Impact
Islamic finance, rooted in Sharia (Islamic law), presents a unique alternative to conventional banking systems. At its core, it prohibits riba (interest) and emphasizes ethical and socially responsible investing. Islamic bank financing, therefore, operates on principles of risk-sharing, asset-backed transactions, and adherence to moral guidelines. This article explores the fundamental principles of Islamic finance, delves … Read more