Islamic resource and you can Western financial: Key items
- Recaps results of brand new Dual Metropolises effort.
Principles regarding Islamic financial support

Wafiq Fannoun, president off Reba Free, LLC, an Islamic financial- and you can resource-contacting provider, explains the essential values off Islamic loans as follows:
Islam’s point out of any economic purchase will be to care for economic justice ranging from anyone who has and people who haven’t. It is important from inside the Islam that every people doing work in a beneficial monetary exchange display the actual loss or profit of a quest, which nobody becomes preset compensation particularly desire. In place, the fresh new Islamic program features comparable to west collateral financial support, when you’re securing individuals from leverage by themselves towards poorhouse. 1/
According to Holy Qu’ran, hence Muslims imagine become the phrase out of Goodness through the Prophet Mohammed, change and you will finances towards organization transactions are permitted provided people involved share the risk and keep maintaining financial fairness for everybody participants.Read More »Islamic resource and you can Western financial: Key items