Islamic Finance Pro

Is Cryptocurrency Halal? Scholars’ Opinions and the Islamic Perspective

Introduction Cryptocurrency has revolutionized the world of finance, introducing digital, decentralized currencies like Bitcoin, Ethereum, and thousands of others. While many investors see crypto as the future of money, Muslims worldwide ask an important question: “Is cryptocurrency halal or haram in Islam?” This question isn’t simple. The Islamic perspective depends on Shariah principles — particularly … Read more

The Role of Islamic Microfinance in Poverty Alleviation

Introduction Poverty remains one of the most persistent challenges facing humanity. Despite global economic growth, millions still struggle to access basic needs such as food, healthcare, housing, and education. Traditional microfinance emerged as a way to empower low-income individuals through small loans. However, conventional models often involve interest (riba), which directly conflicts with Islamic principles. … Read more

How to Build a Halal Investment Portfolio

1. Introduction In a world driven by finance and investments, Muslims today face a unique challenge — how to grow wealth while staying true to Islamic principles. Many investment opportunities promise high returns but involve riba (interest), gharar (uncertainty), or haram (forbidden) activities such as alcohol, gambling, or conventional banking. The good news is that … Read more

Sukuk Explained: The Islamic Alternative to Bonds

1. Introduction In the world of finance, bonds are one of the most common tools used by governments and corporations to raise money. However, for Muslims, traditional bonds pose a serious issue — they are based on interest (riba), which is strictly prohibited in Islam. To solve this challenge, Islamic scholars and financial experts developed … Read more

Zakat in Modern Finance: How to Calculate and Distribute It Correctly

1. Introduction Zakat is one of the five pillars of Islam, a divine commandment that purifies both wealth and the soul. It’s not merely a charitable donation — it’s a compulsory act of worship and a cornerstone of Islamic economics. In today’s modern financial world — filled with digital assets, investments, salaries, and business ventures … Read more