Sharia Finance in Ireland

Ireland is hoping to be the home of Shari’a Islamic finance in Europe as it seeks to rebuild the financial services sector.  Since 2011  and earler – the Irish Central Bank has authorised several Islamic institutions to operate in Dublin’s International Financial Services Centre. Under Islamic Sharia law , making money from money by charging […]
Continue reading…

 

Sharia Compliant Finance in Ireland

Under Islamic Sharia law , making money from money by charging interest is deemed unfair and is not permitted. Sharia Law’s terms include  strict limits on insurance, as well as other restrictions on financial services and trading. Some provisions have been included in a new Finance Bill  in Ireland to cover  financing arrangements compliant with […]
Continue reading…