Understanding Islamic Finance

by: Muhammad Ayub

in: Investing

Summary:

The book provides a comprehensive exploration of Islamic finance, detailing its principles, products, and operations within the context of Shariah law. It covers the theoretical foundations, practical applications, and the development of Islamic financial institutions, as well as the challenges and future prospects of the industry.

Key points:

1. Shariah Compliance: Islamic finance must follow Shariah law, avoiding interest, uncertainty, and gambling. It focuses on ethical investments and risk-sharing.

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