Advisory Center for Affordable Settlements & Housing

acash

Advisory Center for Affordable Settlements and Housing
ACASH

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Document TypeGeneral
Publish Date27/06/2014
AuthorDr Atef Elshabrawy
Published ByDr Atef Elshabrawy
Edited BySuneela Farooqi
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PAKISTAN: SHARIAH PRINCIPLES, OPERATIONAL & MARKETING ISLAMIC MICROFINANCE

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Document Type:General
Publish Date:2014
Primary Author:Dr Atef Elshabrawy
Edited By:Suneela Farooqi
Published By:Dr Atef Elshabrawy

Emphasizing fairness, social justice and the economic prosperity of the whole community. Encouraging individuals to pursue economic wellbeing, Distinguish allowed from forbidden activities. Strict and explicit prohibition of interest (Riba).  Based on a profit-and-loss sharing philosophy. Disclosure of information, contracts play a pivotal role.

 

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