Representing practitioners, issuers, and professionals committed to building a strong, trusted and Shari'ah-compliant financial sector across the CIS countries.
Nahda Islamic Finance Association is the industry body representing participants of the Islamic finance market in the CIS. We exist to promote, advance, and support a strong, trusted and Shari'ah-compliant financial ecosystem across the region.
We work with government and regulators, set professional standards, publish educational content, and provide a platform for practitioners, issuers, legal firms, graduates and community members.
Islamic finance is a way to manage money that keeps within the ethical principles of Islam. It covers savings, investing, wealth management and financing to buy assets such as property, car and equipment.
One of the most important characteristics is that it is asset-backed financing. Islamic finance prohibits interest (riba), uncertainty (gharar), gambling (maysir), and investment in unethical sectors.
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