Sharia-compliant contracts

Sharia-compliant contracts are agreements that follow Islamic law principles, emphasizing fairness, transparency, and ethical conduct. They avoid charging interest (riba), gambling, uncertainty (gharar), and investments in prohibited activities. These contracts often involve shared risk and profit, such as partnership arrangements, or asset-backed financing. Key features include clear terms, mutual consent, and adherence to moral guidelines. Overall, they promote social justice and honest dealings, ensuring that financial transactions align with Islamic values while facilitating legitimate economic activity.