July 06, 2025
The Islamic finance sector has grown in recent decades, providing important services and legitimate alternatives to customers with easy and flexible terms. These institutions adopt the principles of Islamic finance as a values-based framework that ensures all their financing operations are permissible, legal, and fair. These principles are derived from the Holy Quran, the Prophet's hadith, and the jurisprudential research of experienced and proficient scholars in this field.
Islamic finance is a system based on the principles of Islamic Sharia, where money is provided for investment in lawful formulas that generate profit in a fair manner consistent with Islamic values. It operates through specialized institutions committed to transparency and avoiding interest (riba) and illicit financial practices, making it a reliable and ethical option for investors seeking sustainable returns within a legitimate framework.
Islamic finance is based on a set of principles derived from the Holy Quran and the Sunnah of the Prophet. The most important of these are:
The Prohibition of Riba (Interest): The prohibition of riba is one of the most prominent principles of Islamic finance. Islamic texts have strictly forbidden it because it leads to injustice and burdens the borrower with financial obligations that exceed the original debt. Islamic finance offers fair, interest-free alternatives that achieve balance and protect the rights of all parties in the financing process.
The Prohibition of Maysir (Gambling): Islamic finance prohibits transactions based on maysir, which is a profit based on luck or an uncertain future event. Maysir leads to the wrongful acquisition of others' money and sows hostility among them, so it is completely excluded from legitimate transactions.
Profit and Loss Sharing: Islamic finance is based on the sharing of profits and losses among all parties, which ensures fairness in the distribution of risks and promotes cooperation and shared responsibility.
Investing in Lawful Activities: Islamic finance requires that investments be directed towards activities that are permissible under Sharia law. It is forbidden to finance any prohibited sector, such as those involving gambling, alcohol, or anything else that contradicts Islamic values.
Clarity and Transparency in Contracts: To ensure fairness and avoid any ambiguity that could lead to injustice or disputes, Islamic finance requires that contracts be clear and that rights and obligations be precisely defined.
The Circulation and Not Hoarding of Wealth: Islamic finance encourages the circulation and investment of money in legitimate fields and prohibits hoarding it without benefit. This aims to achieve economic development and social justice, making money a means to serve the community, not an end in itself.
Islamic financial institutions provide legitimate and secure financing solutions, free from the complexities of traditional loans. Amlak International is a leading company in this field, with extensive experience in providing financing options that are compliant with Sharia and meet the needs of its customers. Contact us if you need fast, smooth financing with comfortable and fair conditions.