Key words: Islamic Finance, Takaful, Riba
Açar sözlər: İslam Bankçılığı, İslam sığortası, Şəriət
Ключевые слова: Принципы исламского банкинга, Мудараба
We need to explore existing financial and banking systems to ensure sustainability of economic development that has been observed in recent years in the world and to achieve possible economic development. Islamic religion, which is considered to be the most outstanding achievement of world culture and the most striking example of spiritual moral values, is also a very consistent tool for the study of human sciences. One of the earliest calls of Islam was to invite people to think, to get rid of ignorance. The outlook on reason, science and thought, and the lifestyle of this world outlook can be a protection against human distractions and a healthy lifestyle.
Different economic development models are applied in Muslim countries, a single economic system that never works on Islamic principles will fail to achieve a high score if no single Islamic ideology is taken into account. However, the general principles of the Islamic economy and the fact that it is based on economic development will shape a single Islamic development model.