Islam, being a very comprehensive religion, encompasses many areas typically thought of as secular, including the financial sphere. Islam presents moral guidelines for business transactions, trading, investment, and exchange markets.

The totality of religious codes in Islam, including spiritual, economic and political, is known as the Shariah. The Shariah is the system of Islamic laws, based upon the Quran and the teachings of the Prophet Muhammad (pbuh) that tells Muslims what is allowable and what is forbidden. Another name for the Shariah is simply, “Islamic law.”

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