An Islamic Bank is a financial institution that operates according to the principles of Islamic law, or Sharia. Unlike conventional banks, Islamic banks do not charge interest on loans, as earning interest (riba) is prohibited in Islam. Instead, they use profit-sharing and other ethical financing methods to provide financial services. These banks offer various products, such as Murabaha (cost-plus financing) and Mudarabah (profit-sharing agreements), which comply with Islamic guidelines. Islamic banks aim to promote social justice and economic development while ensuring that their activities align with the moral and ethical values of the Islamic community.