Fiat Currency is considered to be a valid medium of exchange in Islam and is not viewed as a store of value such as physical assets and commodities. Cryptocurrencies may be viewed as a valid medium of exchange and hence shari
There are various Shariah mechanisms used for Islamic business and commercial finance: Musharaka, which means 'partnership'; and Murabaha, meaning 'profit'; Ijara which means leasing and Mudaraba which means sweat partnership
A mere Shariah certificate is not sufficient proof or attestation to the credibility of Management or the business case of such investment funds. Investors should seek proper professional advice and conduct background checks