Islamic finance is a financial system that operates according to Islamic law (Shariah), which prohibits interest (riba), uncertainty (gharar), and unethical investments. Halal investment refers to the process of investing in financial instruments and businesses that comply with Shariah principles. These investments avoid industries such as alcohol, gambling, and interest-based financial services.
Fiqh muamalah, the Islamic jurisprudence governing financial transactions, … Read More