Islamic finance is no longer a niche concept—it is one of the fastest-growing segments of the global financial system. With assets exceeding trillions of dollars, Islamic finance continues to attract attention from governments, investors, and institutions worldwide. So why is Islamic finance gaining momentum? First, it offers an ethical alternative in a world increasingly concerned…
The prohibition of Riba (interest) is one of the most misunderstood aspects of Islamic finance. Many people ask: Why does Islam forbid interest when it is so common in today’s financial system? In Islam, money itself is not considered a commodity that should generate profit on its own. Instead, money is a medium of exchange….
Islamic finance is more than just banking without interest. It is a complete financial system rooted in ethical values, justice, and shared responsibility. For many people—Muslims and non-Muslims alike—Islamic finance offers an alternative to conventional finance that prioritizes fairness over exploitation. At its core, Islamic finance is governed by Shariah principles, which aim to promote…
