In recent years Islamic finance has provided investors with viable alternatives to traditional interest-based products and hazard-affected financial instruments.
The appeal of Islamic law consists in the requirement of a balanced and disclosed correspondence of the counter-values for the validity of the contract.
This results in the widespread application of trade financing instruments and of a principle of risk-sharing in commercial undertakings.
ISLAMIC FINANCE.it aims at outlining the basis of Islamic contract law and its efficiency for any risk-sharing investment, from microfinance development projects to equity fund management, offering an overview of its principles, the list of valid contracts admitted by the madhahib and their application in contemporary financial markets. |