Sharia Compliance
Sharia Compliance refers to the adherence to Islamic law, known as Sharia, which governs various aspects of life for Muslims. This includes guidelines on personal conduct, financial transactions, dietary restrictions, and social interactions. Organizations and businesses often seek to ensure their practices align with Sharia principles to cater to Muslim clients and investors.
To achieve Sharia Compliance, entities may consult with scholars or Sharia boards that provide guidance on permissible activities. This can involve avoiding interest-based financing, investing in ethical industries, and ensuring that products and services meet Islamic standards.