Faith-Based Ethical Investment: The Case of Islamic Finance

Abstract:

Nowadays,  Islamic  finance  has  become  a  phenomenon that  progresses  in  a  remarkable  way  since  the  creation of  its  first institutions in the last decades. A particular interest has been given to such a system at both the national level as the international one.

The managers, the bankers, the politicians and even the specialists in traditional  finance  has  always  inquired  about the  theory  and  the practice and how it all process concerning the abolition of the interest. How  does  Ethical  Finance contribute  to  the  progress  of  financial transactions in the world?