Browsing by Author "Difallah, Mohammed Elhadi"

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    Islamic Finance Principles Products And Global Impact
    (جامعة الوادي University of Eloued, 2024-12-15) Labsi, Ali; Difallah, Mohammed Elhadi; Tedjania, Hamza
    Islamic finance represents a distinct financial system built on principles of fairness, risk-sharing, and ethical investment, rooted in Sharia law. In recent decades, it has experienced significant global expansion, with prominent hubs in the Middle East, Southeast Asia, and emerging markets across Africa, Europe, and North America. Key Islamic financial productssuch as Sukuk (Islamic bonds), Mudarabah (profit-sharing partnerships), and Takaful (Islamic insurance)cater to a growing demand for Sharia-compliant and ethical financial solutions. Despite its growth, Islamic finance faces challenges, including regulatory inconsistencies, limited investment options, and the need for increased public awareness. However, ongoing advancements in fintech, regulatory standardization, and alignment with sustainable and socially responsible investing trends present promising future prospects. Islamic finance’s unique alignment with global ESG goals positions it as a leader in ethical finance, appealing to a broad audience beyond its traditional market. With continued innovation, education, and integration into the global financial landscape, Islamic finance holds the potential to foster a more inclusive, resilient, and sustainable global economy.