“So what is Islamic finance? Simply put, it means structuring financial services and products in a different way. Islamic finance products and services are built on sharing the risk equitably among the parties to the transaction, are backed by hard assets, do not employ the charging of interest and do not invest in industries categorized as “sinful” such as alcohol, gambling, pornography or weapons. That’s it.”
Embracing Islamic finance presents an opportunity for Canada
2020-04-15