AIMS Education, UK's video: Islamic Loan or Shariah Compliant Financing - Types of Loans Duties of Debtor Creditor AIMS UK

Free Lecture on Shariah Compliant Financing and for more Lectures: https://aims.education/what-are-shariah-compliant-loans/ A Shariah complaint loan or Islamic loan is a type of loan that is in compliance with Islamic law or Shariah. Islamic loans are the most ethical way of borrowing and lending money. With a Shariah complaint loan, the borrower does not have to pay interest on the money they borrow. Instead, they only have to pay back the principal amount of the loan. This makes Shariah complaint loans a more attractive option for many Muslims, as it is seen as a fairer and more just way of borrowing and lending money. This lecture explains the types of loans, and what are the duties of debtor and creditor. Institute of Islamic Banking and Finance https://aims.education/islamic-banking-and-finance-institute/ Certified Islamic Banker (CIB) https://aims.education/islamic-banking-certification-courses/ Certified Islamic Finance Expert (CIFE) https://aims.education/islamic-finance-certification-courses/ Master Diploma in Islamic Finance (MDIF) https://aims.education/diploma-in-islamic-banking-and-finance/ MBA in Islamic Banking and Finance https://aims.education/islamic-banking-and-finance-mba-masters-degree/ PhD Islamic Finance https://aims.education/phd-islamic-finance-and-banking/