Islamic Banking and Finance

Islamic principles form the foundation of Sharia-compliant finance. This financial system, guided by the principles of Islam, offers a unique approach to managing money that aligns with spiritual beliefs and ethical standards. Today, I will look into the numerous advantages this system brings to the Muslim community and the broader global financial landscape. It presents

Islamic finance is rooted in the principles of Sharia, the Islamic legal system derived from the Quran and the Hadith (sayings of the Prophet Muhammad (saw)). In this article, we will look into the core principles and components of the Islamic finance system, distinguishing it from conventional finance. It explores the prohibition of interest (Riba),

Exchange-Traded Funds (ETFs) have become a popular investment vehicle in the modern financial landscape, offering a blend of diversification, lower expense ratios, and the ease of trading similar to stocks. One common question among investors is whether ETFs pay dividends. The answer is complex and depends on the underlying assets held within the ETF. Just

While analyzing financial statements, it is crucial to know the types of those financial statements. This is to obtain comprehensive insight into the company’s financial performance’s healthiness. By understanding the types of financial statements, investors are able to indicate which strategy the reporting company is pursuing. Some company focuses on revenues generation, i.e., transaction volume

One of the main components of effective financial planning is to cover yourself with insurance. Takaful vs conventional insurance has been one of the main dilemmas for Muslims. We will discuss the critical differences between takaful and traditional insurance in the following. But let’s have a glance at the definition of takaful first. Get Musaffa