What is Islamic Trade Finance & Forex Trade? Example and Defination.

Islamic trade finance refers to the financial services and products that comply with Islamic principles, particularly those outlined in Sharia law, to facilitate international and domestic trade.

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It involves various methods, such as Murabaha (cost-plus financing), Ijarah (leasing), and Mudarabah (profit-sharing), ensuring that the trade process remains free from riba (interest) and gharar (excessive uncertainty). In Islamic trade, the focus is on fairness, transparency, and ethical practices, aligning with the principles of justice in trading in Islam.

Islamic trading emphasizes mutual benefit, and equitable risk-sharing, and fosters long-term business relationships based on trust and integrity.

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Institute of Islamic Banking and Finance
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Certified Islamic Banker (CIB)
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Certified Islamic Finance Expert (CIFE)
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Master Diploma in Islamic Finance (MDIF)
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MBA in Islamic Banking and Finance
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PhD Islamic Finance
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