Social Responsibility and Justice

Islamic banking places a strong emphasis on social justice, equitable distribution of wealth, and promoting the well-being of society. This includes:

• Zakat: A mandatory charitable contribution on wealth that is often facilitated or collected by Islamic institutions to be distributed to the needy.

• Qard al-Hasan: Interest-free loans offered for social welfare or to those in need, where only the principal amount is repaid.

• A general aim to contribute positively to the community and avoid harm.