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2025-01-04
5 min read
Understanding Sharia-Compliant Finance in India
A beginner's guide to ethical finance and how it works.
Understanding Sharia-Compliant Finance in India
Sharia-compliant finance, also known as Islamic finance, is an ethical alternative to conventional banking that operates without interest (riba).
Key Principles
- Prohibition of Interest: Money cannot generate money; transactions must involve tangible assets.
- Risk Sharing: Financier and borrower share risks and rewards.
- Ethical Investments: Investments in prohibited industries (alcohol, gambling, etc.) are avoided.
How Rehbar Helps
At Rehbar, we bridge the gap between ethical investors and growing businesses through our three main products: Operating Lease, Profit Sharing Loan, and Project Finance.
Stay tuned for more insights on ethical finance in India.
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