How is Islamic finance different from conventional finance?

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Faraz Shafiuddin Shafiuddin
01-November-2013

Islamic Finance Banking International Finance Finance Management Banking &amp Finance Accounting and Finance

Question ajoutée par Nadjib RABAHI , Freelancer , My own account
Date de publication: 2018/07/07

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par Ashraf E. Mahmoud (PhD) , University Lecturer, Freelancer Consultant and Trainer for Int'l Business & Banking TF. , FreeLancer

Thanks for invitation,

In a very short and precise answer,

Islamic Finance: is investing its finance resources and also covering its finance requirements, only in accordance with islamic " Sharia" rules.

Whereas,

Conventional Finance, is investing its resources and covering its finance requirements, targeting only to maximize the profits and the Return on Equity "R.O.E." despite of methods in which invest its finance resources' nor how to cover its finance requirements.

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