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1.6 How Islamic Finance works
Manage episode 275359807 series 2532036
In this episode, we introduce the basic principles of Islamic banking and finance. Learn some of the difference between conventional and Islamic banking.
Globally, there is a demand for a fair and just banking system that the Islamic banking and finance industry provides.
As this demand continues to rise, so does the awareness of the timeless principles and values of Islamic finance. Built upon the foundation of Islamic law, which prohibits usurious and speculative activities, the Islamic finance industry prides itself on engaging in business and financial dealings in an ethical manner. The sentiment of this industry is not one of greed, but one of mutual cooperation and partnership through a fair and equitable financial system. The Islamic finance industry has achieved such growth that it is now an astounding 2 trillion-dollar global industry. Not only is this the fastest-growing segment of the financial industry, but it is socially responsible and sustainable as well.
Hosted by Almir Colan
Connect with us:
Be part of the conversation and keep in touch with us to find out about new episodes and other content.
Web: www.islamicfinancepodcast.com
Social media:
- YouTube
- Facebook (public page)
- Facebook (group)
----
Read Disclaimer here.
56 episodes
Manage episode 275359807 series 2532036
In this episode, we introduce the basic principles of Islamic banking and finance. Learn some of the difference between conventional and Islamic banking.
Globally, there is a demand for a fair and just banking system that the Islamic banking and finance industry provides.
As this demand continues to rise, so does the awareness of the timeless principles and values of Islamic finance. Built upon the foundation of Islamic law, which prohibits usurious and speculative activities, the Islamic finance industry prides itself on engaging in business and financial dealings in an ethical manner. The sentiment of this industry is not one of greed, but one of mutual cooperation and partnership through a fair and equitable financial system. The Islamic finance industry has achieved such growth that it is now an astounding 2 trillion-dollar global industry. Not only is this the fastest-growing segment of the financial industry, but it is socially responsible and sustainable as well.
Hosted by Almir Colan
Connect with us:
Be part of the conversation and keep in touch with us to find out about new episodes and other content.
Web: www.islamicfinancepodcast.com
Social media:
- YouTube
- Facebook (public page)
- Facebook (group)
----
Read Disclaimer here.
56 episodes
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