Ethical belief systems - with you
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To understand the ethical nature of Islamic Finance, it is vital to understand what Shariah is. Linguistically, Shariah means the path to a source of water. Technically, it is the system of God which He has revealed to mankind. This system encompasses belief, practice and character. The connection between the linguistic and technical meeting is that just as water is a source of life, the code of conduct and system is a means of sustainable development. Being a source of life means that its very principles do not jeopardise life, hinder sustainability or exploit. Instead, the Shariah principles are there to foster growth, establish justice and promote opportunities. This will become clearer from the following principles:.
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