Image for Sharia-compliant services

Sharia-compliant services

Sharia-compliant services adhere to Islamic law, which guides financial and business practices to ensure ethical standards. These services avoid charging or earning interest (ribâ), investing in prohibited industries (like alcohol or gambling), and promote fairness and transparency. Examples include Islamic banking, which offers profit-sharing instead of interest, and Sharia-compliant insurance, which avoids excessive uncertainty (gharar). Overall, these services aim to align financial activities with Islamic principles while providing methods to manage money and investments ethically and responsibly.