Sharia-compliant finance

Sharia-compliant finance adheres to Islamic law, which prohibits earning interest (riba), excessive risk (gharar), and investments in forbidden industries like alcohol or gambling. Instead, it promotes risk-sharing, asset-backed transactions, and ethical investing. Financial products are structured to ensure profit and loss are shared fairly, emphasizing transparency and social responsibility. Common methods include profit-sharing agreements (mudarabah), joint ventures (musharakah), and leasing (ijarah). The goal is to facilitate financial growth while aligning with Islamic values, fostering ethical economic activity and social justice.