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Islamic Finance Solicitors Birmingham

Islamic Finance is a small but rapidly growing area of the home finance market which enables Muslims to invest according to Sharia Law.

The basic principal of Islamic Banking is the sharing of profit and loss and the prohibition of usury (ribah). There are various traditional techniques and structures that are used to comply with the required principals according to the Quran and Sunnah, these being:

  • Profit Sharing – Mudharabah;
  • Safekeeping – Wadiah;
  •  Joint Venture – Musharkah;
  • Cost Plus – Murabaha;
  • Leasing – Ijar.

At Vicarage Court Solicitors, we are experienced in Sharia compliant transactions and have the benefit of mutliligual case handlers in our office.

Vicarage Court Solicitors Limited is authorised and regulated by the Solicitor's Regulation Authority under SRA number 532923 and registered in England & Wales under company number 6176902.