The regulatory framework governing Islamic finance and markets is crucial in ensuring that all activities, including the provision and management of takaful, are conducted within the bounds of applicable Shariah and banking law. regulatory framework governing Islamic finance, with its
Shariah compliance is essential in Islamic finance, ensuring adherence to ethical and moral values. Islamic financial institutions operate under Shariah governance, with Shariah boards overseeing and approving products. Compliance fosters transparency, fairness, and accountability. It prohibits elements like riba, gharar, and maysir, maintaining integrity and customer
Adhering to ethical screening criteria is paramount in Shariah-compliant investments, ensuring alignment with Islamic principles and fostering social responsibility. This involves upholding principles like the prohibition of Riba (interest) and avoiding Haram activities, integrating ESG factors, and implementing strict sector-based exclusions. Ethical screening not only upholds Shariah
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