Islamic finance or shariah-compliant finance, refers to finance or banking activities that adhere to shariah (Islamic law). Two fundamental principles of Islamic banking are the sharing of profit and loss, and the prohibition of the collection and payment of interest by lenders and investors.
Listen to Faizal Karbani (CEO) amongst a panel of experts on TRT World discuss about Islamic Finance, it’s history, it’s principles and the products available for Muslims.
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