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Islamic Finance Briefing - Categorized | Emerging Trends, Finance more

Islamic Finance can bring huge benefits to Malta

Posted on 04 December 2009

From Maltabusinessweekly.com.mt: Islamic Finance is based on Sharia law which to be fair are quite common to various religions. These include no investment in prostitution, immoral activities or companies which deal with the production of pork as obviously Muslims cannot eat pork. Money is not considered as a commodity in this system and speculation or charging of interest is not allowed.
However even the Catholic religion speaks about the imposition of interest and this has now become accepted within reasonable limits…………………………….Full Article: Source

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This post was written by:

Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


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