Islamic Finance and Halal: An In-depth Analysis https://lnkd.in/d4nP2N2t #EthicalInvesting #FinancialGrowth #GlobalIslamicEconomy #HalalCertification #HalalIndustry #IslamicFinance #IslamicLaw #ShariahLaw iHalalCoin.org
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"Feeling uncertain about what's truly Halal and what's not? Curious about whether your investments align with Islamic principles? Join us at Alrashid Mosque, where we'll provide answers and explore solutions together. Your questions are welcome, and we're here to help you navigate the realm of Islamic finance with confidence. See you there, InshaAllah! #IslamicFinance #FaithAndFinance"
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Halal philosophy means living with God in mind in everything we do. It goes beyond food and drinks, to include every economic sector, noble manners in human social and economic interactions and God-human linkages. We are responsible to manage Halal work, run Halal businesses, live in Halal homes, give Halal speech, dress in Halal manner, act with Halal intentions, celebrate in Halal way, live with Halal mindset and so much more. #halalindustry #halallifestyle #halal
I am a hardworking individual, self - motivated and keen to make things happen with best results. I am always eager to learn new skills and grow in a competitive environment for a long-term success.
For advisory on Halal economy and Islamic Finance, reach out to us. . #halal #economy #islamic #finance #advisory . Khalfan Abdallah, CIFE, CeZM, CSA, CeHBA
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Sukuk, or Islamic bonds, represent a distinctive asset class that adheres to the principles of halal investing within Islamic finance. Unlike conventional interest-bearing bonds, which are prohibited under Islamic law, sukuk represent partial ownership in tangible assets such as real estate, facilities, or equipment. Key characteristics that distinguish sukuk include: - They have a set maturity date and provide income based on the profitability of the underlying asset, rather than through interest payments. - Investors gain partial ownership of the asset for the duration of the sukuk, entitling them to a share of the profits generated. - Sukuk embody a risk-sharing model between the issuer and the investor, unlike the risk-transfer nature of conventional bonds. - All aspects of sukuk are reviewed by Islamic scholars to ensure compliance with Sharia principles, including the prohibition of riba (usury). Sukuk offer a halal investment option for those seeking fixed income opportunities while upholding their religious principles.
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Islamic Finance Is Not Only About Halal And Haram, It's About Sustainability and Extortion Which Is One Of Major Factors Contributing To Conflicts And Insecurity All Over The World. - Dr. Lawal Bello Danbatta #AIFSummit #IslamicFinanceInNigeria #ArewaIslamicFinance
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Full Episode in the comments. An Islamic investment adheres to Shariah principles, avoiding interest (riba) and investing in halal (permissible) activities. It emphasizes profit-sharing and asset-backed investments, ensuring ethical and socially responsible practices. Such investments prioritize risk-sharing and prohibit excessive uncertainty (gharar). Examples include Sukuk (Islamic bonds) and Shariah-compliant mutual funds. Great discussion with Abdul Davids, sharing his insights and wisdoms about the basics of Shari’ah investments.
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Islamic finance is essentially modern finance with a halal or haram quotient. This means that it adopts many of the same financial instruments and practices as conventional finance but applies Islamic principles to filter out activities that are considered haram, forbidden, in Islam. Here's a breakdown: - Modern finance: This refers to the traditional financial system that includes banks, investment firms, insurance companies, and other financial institutions. - Halal or haram quotient: This represents the degree to which a financial transaction or activity complies with Islamic law. A halal quotient means that the activity is permissible, while a haram quotient indicates that it is forbidden. Follow for more islamic finance content💰 🏷️; #islamicfinance #islamicfinancialplanning #finance #shariahcompliant #wealth #explore
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🌟 Understanding the Role of Intentions in Islamic Finance: Insights from a Profound Hadith 🌟 At Adl Advisory, we continually strive to align our financial practices with the ethical and moral teachings of Islam. A hadith reported by 'Abdullah bin 'Abbas (RA) and recorded in both Sahih Al-Bukhari and Sahih Muslim offers profound insights into the principles of intentions, actions, and accountability within an Islamic financial context. 🔍 Relating to Islamic Finance: 1. Intentions Matter: The intention behind financial transactions is crucial. Engaging in transactions to achieve halal (permissible) earnings, supporting community welfare, or contributing to societal development aligns with the principle that good intentions are rewarded. 2. Ethical Investments: Intending to invest in Sharia-compliant businesses, even if the investment does not materialize, is seen as a good deed. Conversely, intending to engage in financial activities involving riba (usury), gambling, or unethical practices is discouraged and considered sinful. 3. Accountability and Transparency: Islamic finance emphasizes serious record-keeping and transparency in all financial transactions. This fosters trust and integrity, in line with the Hadith’s teaching that all deeds are recorded. At Adl Advisory, we are committed to upholding these principles, ensuring our financial practices are ethical, transparent, and beneficial for all. #IslamicFinance #EthicalInvesting #ShariahCompliance #AdlAdvisory #FinancialIntegrity #IntentionsMatter
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pleasure Attending Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) Annual Conference discusing Important issues related the recent Islamic Finance products like Shares Sukuk, Sukuk Zakat, Halal Industry & PNPL. The most interesting is meeting Islam Finance Industry friends and colleagues around the globe and disscusing the future of the Industry and its expansion globally. All thanks to Omar Mustafa Ansari and AAOIFI for the great arrangements. #islamicfinance #sukuk #investmentbanking #Shariah #shariahadvisory #Islamicbanking
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A Sharia board is a critical component in Islamic finance, ensuring that financial products and services comply with Sharia (Islamic law). Here’s why Sharia boards are important: 1. **Compliance with Islamic Principles**: The primary role of a Sharia board is to review and certify financial products and services to ensure they are compliant with Sharia principles, including prohibitions on interest (riba), uncertainty (gharar), and investments in haram (forbidden) activities. 2. **Building Trust and Confidence**: The presence of a Sharia board reassures Muslim investors and clients that the financial institution operates according to Islamic values, enhancing trust and credibility. 3. **Product Development and Innovation**: Sharia boards contribute to the development of new financial products by ensuring that innovative solutions align with Islamic principles, allowing institutions to cater to the evolving needs of the market. 4. **Risk Mitigation**: By ensuring Sharia compliance, the board helps mitigate reputational and operational risks associated with non-compliance, which could result in financial losses or legal challenges. 5. **Ethical Oversight**: Sharia boards promote ethical finance by enforcing principles such as fairness, transparency, and social justice, aligning financial practices with broader moral and social objectives. Overall, Sharia boards are vital for maintaining the integrity, authenticity, and ethical standards of Islamic financial institutions. SIB Najah #MansaXshariah #EthicalBanking #IslamicBanking
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Why Muslims should actively participate in Islamic Finance? 🕌 As Muslims, our faith guides every aspect of our lives, from our personal conduct to our professional pursuits. One area where this alignment between faith and practice is particularly significant is in the world of finance. Islamic finance, which operates in accordance with Shariah principles, is not just an alternative system of banking—it’s a framework that embodies the ethical, social, and economic values that are central to Islam. ☪️ Here are key reasons why Muslims should not only support Islamic finance but actively participate in it: 💡Riba-Free Ethics: Islamic finance prohibits interest (riba), promoting fairness in every transaction. 💡Social Justice & Risk-Sharing: It fosters a system of equity and inclusion, with a focus on real transactions and shared risk. 💡Support for Halal Businesses: Your investments will align with ethical and halal principles, avoiding industries like gambling or alcohol. 💡Global Movement: Islamic finance is growing rapidly, offering a viable and ethical alternative on a global scale. 💡Empowering Communities: By engaging with Islamic finance, we uplift communities and ensure ethical financial services are accessible to all. Islamic finance is more than a financial system — it is a movement towards a more equitable and just world. For Muslims, actively participating in this system is both an opportunity and an obligation. By engaging with Islamic financial products and institutions, we support a framework that not only benefits us individually but also contributes to the social, moral, and economic well-being of our communities. 📈 Now is the time for us to step forward, educate ourselves, and be part of this growing movement. Together, we can build a financial system that reflects the ethical and moral values we hold dear as Muslims. 🤝🏽 #IslamicFinance #FaithAndFinance #EthicalBanking #RibaFree #SustainableFinance #HalalInvestment
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