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8min chapter
856. Insights: How can Islamic finance serve Western markets?
Fintech Insider Podcast by 11:FS
Understanding Sharia Compliance in Islamic Finance
This chapter delves into the principles of Sharia compliance in Islamic finance, discussing the prohibition of interest, the notion of trade without excess, and the importance of risk-sharing and value creation. It contrasts Western traditional banking practices with sharia-compliant services, highlighting the focus on shared risk and economic justice in Islamic finance.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode