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Value of Islamic financing

Posted on 17 January 2013

While Malaysia has become an internationally renowned centre for Islamic finance, the general public appear to have a very limited (if not flawed) understanding of it. Most non-Muslims (and some Muslims) appear to be under the impression that there are only some terminology differences between the two, the main one being interest rate being termed as profit rate in Islamic finance.
Such a shallow understanding overlooks the fact that Islamic finance emphasises justice in financial transactions. Justice is a highly-regarded value in Islam………………………………………..Full Article: Source

 
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Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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