Islamic Capital Market

The Islamic Capital Market refers to financial markets that operate in accordance with Islamic law (Shariah). This means investments avoid activities considered haram, or prohibited, such as alcohol, gambling, and usury (earning interest). Instead, it focuses on ethical investments that promote social welfare. Financial products in this market include Sukuk (Islamic bonds), Islamic equity funds, and other instruments structured to ensure compliance with Shariah. The aim is to provide a financial system that fosters economic development while adhering to Islamic principles, promoting fairness and social responsibility in investment practices.