1. Islamic Finance
Islam teaches the idea that investments should benefit the community. ... Another main difference in Islamic finance is in an Islamic transaction, the lender is not a creditor, but a partner and a provider of capital that equally share in gains and losses. ... Islamic investors are also discouraged to invest in any undertaking that is forbidden by Islam; they encourage using ethical decision-making and following the set of guidelines called the Islamic Shari"a principles. ... Furthermore, Islamic companies cannot associate with other businesses that do not follow the Islamic Shari"a Regula...
- Word Count: 921
- Approx Pages: 4
- Has Bibliography
- Grade Level: Undergraduate