Core Pillars of the Islamic Financial System: Prohibition of Interest (Riba): There is no concept of interest in the financial system. Profit & Loss Sharing: Risks and profits are shared fairly. Real Asset-Based Investment: All financial activities are linked to the real economy. Avoidance of Uncertainty (Ghurr) and Gambling: Fraudulent, non-transparent or speculative contracts are avoided. Avoidance of Haram : Investments or businesses that are against Sharia or harmful to humanity are completely avoided. Ethical and Social Responsibility: The financial system is based on justice, honesty, service to society and the public good.