Islamic Finance and Dawoodi Bohra

Given modern distractions, the need to understand Islam better has never been more urgent. Through this forum we can share ideas and hopefully promote the true spirit of Islam which calls for peace, justice, tolerance, inclusiveness and diversity.
mohamedshah
Posts: 27
Joined: Wed Jan 22, 2014 10:40 am

Islamic Finance and Dawoodi Bohra

#1

Unread post by mohamedshah » Fri Jan 24, 2014 9:00 am

Islamic Finance is one of my main interests in life. I am inquisitive about 3 things in this post about using Islamic Finance products namely:-

1) Do we bank and buy insurance products from Sharia compliant Islamic Finance financial institutions?

2) What drives the choices we make to buy or not to buy from Sharia Compliant Islamic Institutions or Conventional Institutions?

3) Would we prefer to go for Sharia compliant Retirement products (which are fairly recent) of Conventional products (which have a longer track record)?