Islamic Finance and Shariah Compliance - More Than This

Islamic Finance and Shariah Compliance - More Than This

https://islamicmarkets.com/articles/islamic-finance-and-shariah-compliance-more-than-this
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It is a pleasure to introduce our third ‘thought piece’ explaining why and how Islamic Finance is more than Shariah compliance. We have titled the piece “More than This” as that describes our feelings about the subject in just three simple words. The following comments should give you a good understanding of why Islamic finance is indeed about a great deal more than just Shariah compliance.

Following the Maqasid al Shariah is much more than a compliance issue. It is a way of life. We often hear about ‘form over substance’ or conversely ‘substance over form.’ Both of us lean towards the substance over form approach, and in many ways, it has been discussions in this idiom that have developed our friendship and our line of thought on many topics. Sadly, many take the approach tha...