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What is Understanding Islamic Finance Principles about?

Islamic finance is banking and financing that complies with Sharia (Islamic law) and its religious principles, which prohibit interest and pure monetary speculation. It features banks, capital markets, fund managers, and insurance companies that are governed by both Islamic law and conventional regulations. Islamic finance has grown in importance over the last 30 years and offers alternatives to conventional debt-based banking, such as profit and loss sharing partnerships. Its different financial architectu

Author

Hina Bibi

Language

EN