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This course simplifies complex concepts of Islamic financial systems. Discover the foundational principles and the key prohibitions that set it apart from conventional finance. Learn about the Shariah objectives which strive to eliminate social injustice and place a strong emphasis on transactions backed by real assets. Explore the essential prohibitions of Islamic finance, such as Riba (interest), Gharar (uncertainty), and Maysir (gambling). Take a detailed look at various Islamic financial instruments—Murabahah, Ijarah, Mudarabah, and Salam. You’ll understand how these instruments function within the Shariah framework, ensuring they adhere to Islamic law.