مجلة المنهل الاقتصادي
Volume 7, Numéro 2, Pages 1521-1530
2024-12-15

Islamic Finance: Principles, Products, And Global Impact

Authors : Labsi Ali . Difallah Mohammed Elhadi . Tedjania Hamza .

Abstract

Islamic finance has emerged as a rapidly growing sector in the global financial industry, grounded in Shariah law, which offers unique ethical standards and financial guidelines. This approach to finance differs from conventional banking by strictly prohibiting interest (riba) and emphasizing risk-sharing, ethical investing, and social justice. Islamic finance has gained global recognition, expanding beyond Muslim-majority countries and attracting investors seeking ethical investment solutions.

Keywords

Islamic Finance; Principles; Products; Global Impact.