Economy Country January 29, 2025

The Importance of Islamic Finance in Achieving Sharia Goals

Adnan Ahmad Yusuf emphasizes the need for Islamic banks to align their services with the true objectives of Sharia, highlighting the essential role of sustainable financing.


The Importance of Islamic Finance in Achieving Sharia Goals

Adnan Ahmed Yusuf is known for his constant dedication to the goals of Sharia in Islamic finance, which he inherited from his teacher, Sheikh Saleh Kamili, may Allah's mercy be upon him. He always reminds that Allah the Most High has tasked us with the responsibility of restoring the earth, meanwhile criticizing the actions of Islamic banks for adapting their products to Sharia-compliant forms, not paying due attention to the objectives, for which these financings are intended. "Unfortunately, some practices of Islamic banks have contributed to the creation of such an impression, but true Islamic banking, according to our understanding, which we have followed for more than forty years, is precisely that which offers services and bank credits, corresponding to the principles of Sharia. And undoubtedly, what

"We pride ourselves on having the opportunity to continue to adhere to the true principles and meanings that Islamic finance holds in modern society, regardless of the challenges and obstacles, with which we are faced," added Adnan Ahmed Yusuf.