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Islamic Finance creating wealth through trading in real assets, investments and partnership

As Islamic Finance and Sukuk is based on religious ideology it is important to understand a little more on Islam.

 

Islam is a religion and a philosophy which governs the whole of a Muslim’s life, his/her relationship with God, people around him and the environment.

 

For Muslims, Islam is a way of life which impacts their social, well-being and business activities for a balanced approach. 

 

It is easy to be apprehensive so here is quick guide to help you understand some of the customs, conduct and Muslim way of life.

Islam & Business Basics                                          

In Islam, money has no intrinsic value, it is only a medium of exchange. Each unit of money 100% equal to another unit of the same denomination thus against the Shariah principles.  Any excess is equal to interest. Gold and Silver are also included as currency.

Background

Money Gold and Silver