Islam views money as important to trade, but it must be based on commodities and have intrinsic value examples: gold (as Gold Dinar), silver (as Silver Dirham), dates, wheat, barley, and salt.
Islamic banks offer accounts that work according to the principles of interest free banking. The profits earned are shared by depositors. The depositors share the profits and losses.
Riba is commonly translated to ‘interest’ or ‘usury’ in English and is a charge for the use of another’s money. It also includes unequal exchanges.
Wills are an important part of the Islamic faith. A Will must be made whilst you are alive. While your family is grieving the loss of their loved one(s), they will not have to worry about the extra stress that comes with dividing assets and settling debts.
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Shariah is the Islamic law based on the Qur’an and the hadith. It is a set of rules that cover every aspect of a Muslim’s life.
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