Navigating Islamic Finance: Challenges and Opportunities

This chapter explores the complexities of Islamic finance from the consumer's perspective, addressing concerns about cost and accessibility. It emphasizes the importance of understanding Sharia compliance, the ethical essence of Islamic finance products, and the need for proper branding to appeal to a wider audience. The discussion also critiques the prevalent use of commodity murabaha and the industry's focus on fixed-income products, advocating for innovative solutions aligned with Islamic principles to foster real economic development.