Islamic Finance

Islamic Finance is the first of its kind app on this platform, which gives a concise introduction to Islamic finance while simultaneously providing Islamic finance, finance and business news from all across the globe from 23 diverse news sites.

The app has been adapted to receive RSS feed links from some sites to enhance the user experience. Few news sites in the local language of the people of India, namely Urdu and Hindi also feature in the app to cater to the booming economy there.

The app touches upon all the subjects relevant to this sector. An extensive use of graphical representations will enable an easy comprehension of the subject and serve as an aid to memorizing facts.

It will serve as a pocket guide for the professionals of this sector, as well as for those learning about this sector. It will also keep the professionals of this sector always aware of the latest happenings in the financial world. All the theoretical content in the app can be saved to be viewed in offline mode and an Internet connection will not be required to continue the process of knowledge enhancement, post saving it on the device or enabling it to be available for viewing in offline mode. This can be done by clicking the black down arrow when the pdf opens to open it in google drive and subsequently doing the desired like saving on your device.

The app will teach the basics of this sector to even those, who don’t know anything about Islam.

The app talks about the prevalent modes of finance in this sector like Musharakah, Ijarah etc., defining the rules governing the said transactions and drawing comparisons wherever needed.

It also talks about Sukuk or Islamic Investment Certificates and the role that they play in this sector. In addition the app talks about the necessary conditions required to deal in shares.

Further it will also introduce the user to an insurance system called Takaful.

It also touches upon the topic of innovation in Islamic finance, sharing the thoughts of the developer.

The content and news in the app can be shared on social platforms. There is provision to increase the text size or decrease it and can be pressed again till the desired comfort level is reached in reading the text.

Report any issues you face through 'Send Feedback' option given in the app.

It is a must have for anyone and everyone, who is interested in the world of finance and will prove to be your portal to Islamic Finance.

Acknowledgements: The entire tafsir by Ibn Kathir is taken from the website 'quran4u'. The Hadith collection can be attributed to the website by the same name. The 30 parts of the Quran have been taken from a website teaching Quran. The permission for the same has been taken from all parties concerned. The icons used have been taken from Islamicons, Roundicons, Freepik, Madebyoliver from http://www.flaticon.com/. The developer has done her best to do the attributions but in case something has been missed out please mail.