Islamic Equity

Islamic equity refers to investments in companies that adhere to Islamic principles, primarily avoiding industries like alcohol, gambling, and interest-based finance. It emphasizes ethical investing, ensuring businesses operate truthfully, fairly, and without harm. Additionally, Islamic equity investments focus on risk-sharing and prohibiting earning money from prohibited activities or excessive uncertainty (gharar). The goal is to generate profit while aligning with ethical and moral standards outlined in Islamic law (Shariah), promoting social responsibility and justice in financial dealings.