A look into the challenges faced by young Muslims in managing their money in the UK and the concept of Sharia compliant finance.
With a sizeable portion of Muslims locked out of conventional banking, it means that we have two options – to either compromise our beliefs or just sit tight with our current bank accounts. Sharia compliant finance is a form of banking that keeps within the moral practices of the religion. It’s a far-reaching concept, covering everything from mortgages, saving, investing and more.
The term “sharia” itself refers to the principles Muslims follow in their daily lives, such as eating halal food, praying five times a day and adhering to Islamic finance where possible
Muslims Banking Sharia Compliant Finance Moral Practices Mortgages Saving Investing Halal Food Praying Islamic Finance
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