심플 이즈 베스트

Islamic finance, based on **Sharia** law, represents a unique financial system distinct from conventional finance. One of its core principles is the prohibition of **Riba**, or interest, which forms the foundation of Islamic finance. By banning interest, Islamic finance promotes alternative methods of financial transactions and has been rapidly growing worldwide. --- ## Key Principles of Islamic Finance ### 1. **Prohibition of Riba (Interest)** Islamic finance forbids earning interest, rooted in the Sharia principle that profiting solely by lending money is unjust. - **Modern Application**: Islamic financial institutions utilize alternative structures like profit-sharing (Mudarabah) or cost-plus contracts (Murabaha) instead of charging interest. --- ### 2. **Prohibition of Gharar (Uncertainty)** Excessive uncertainty or speculation in transactions is forbidden. All financial dealings must be clear, transparent, and based on mutual trust. - **Modern Application**: Islamic f...