Islamic Car Finance: What You Need to Know Before Buying a Car
While considering vehicle finance, Muslim shoppers frequently look for choices that align with their confidence. In contrast to ordinary vehicle credits, Islamic car finance offers a Sharia-consistent option, guaranteeing that all monetary exchanges are moral, straightforward, and fair. Understanding the essentials of Islamic vehicle money can assist you with pursuing an educated choice that aligns […]
How Does Islamic Car Finance Work? Key Principles Explained
Islamic car finance is gaining popularity among Muslim consumers seeking Sharia-compliant financial products. This article will delve into how Islamic car finance works, its fundamental principles, and its benefits, providing a comprehensive understanding for those interested in this ethical financial solution. Understanding Islamic Car Finance Islamic car financing is based on the tenets of Sharia […]
Principles and Types of Islamic Finance
Islamic finance is a unique financial system that operates on ethical and religious principles derived from Islamic law, known as Shariah. It has gained global attention and recognition for its adherence to moral values, risk-sharing, and asset-backed transactions. This article aims to provide a straightforward explanation of the fundamental concepts and various forms of Islamic […]
What Is Islamic Finance And How Does It Work?
Islamic finance comprises financial services and transactions that align with the principles of Islamic law, also referred to as Shariah. It operates on the fundamental concept that all financial activities should be conducted in a manner that is ethical, fair, and in line with Islamic values. This blog post will delve into the basics of […]
Who is Sharia Finance?
Learn about the Sharia Finance difference and what makes us different when compared to a direct to bank approach.
What is Islamic Finance?
Islamic Finance is a form of finance that prohibits the payment of interest from the funder to the borrower.
Conventional Finance Vs Islamic Finance
Islamic Finance in Australia is a growing industry. Once of the challenges with obtaining Islamic finance in Australia…
Ijaah Munthaia Bittamaleek
This is a form of lease agreement, where a funder will finance an asset with an agreed rental instalment.
Ijarah wa-iqtina
This is a form of lease agreement, which differs from Ijarah Munthaia Bittamleek in that it has a gift component.
Diminishing Musharakah
Diminishing Musharakah is a type of finance contract where there is a ‘co-ownership structure’.