Abstract
Islamic finance is a growing field of financial services industry that has its roots imbedded in the objectives of Shari’a principles. It is an off shoot of Shari’a Muamalat which is expected to achieve Shari’a objectives through fair and just business practices that are free from Riba, Gharrar and all other kinds of Haram and immoral activities. This article presents a contextual review of the Islamic banking and fiancé and tries to fit in Shari’a objectives within the domain. The paper presents a historical perspective of the field, a review of the basic principles following by Shari’a objectives. It sheds light on how Shari’a objectives can be achieved through Islamic finance.