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<oembed><version>1.0</version><provider_name>Twist Islamophobia</provider_name><provider_url>https://twistislamophobia.org/en</provider_url><author_name>Fundaci&#xF3;n de Cultura Isl&#xE1;mica</author_name><author_url>https://twistislamophobia.org/en/author/funci/</author_url><title>Islamic finance: a Sharia-based form of economy? - Twist Islamophobia</title><type>rich</type><width>600</width><height>338</height><html>&lt;blockquote class="wp-embedded-content" data-secret="8EJDH6K3ix"&gt;&lt;a href="https://twistislamophobia.org/en/2023/05/10/islamic-finance-a-sharia-based-form-of-economy/"&gt;Islamic finance: a Sharia-based form of economy?&lt;/a&gt;&lt;/blockquote&gt;&lt;iframe sandbox="allow-scripts" security="restricted" src="https://twistislamophobia.org/en/2023/05/10/islamic-finance-a-sharia-based-form-of-economy/embed/#?secret=8EJDH6K3ix" width="600" height="338" title="&#x201C;Islamic finance: a Sharia-based form of economy?&#x201D; &#x2014; Twist Islamophobia" data-secret="8EJDH6K3ix" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"&gt;&lt;/iframe&gt;&lt;script type="text/javascript"&gt;
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</html><thumbnail_url>https://twistislamophobia.org/wp-content/uploads/2023/05/sharia-o-concepto-ley-islamica-mazo-libro-coran-sobre-escritorio-madera_488220-33683.jpg</thumbnail_url><thumbnail_width>900</thumbnail_width><thumbnail_height>599</thumbnail_height><description>After World War II, the new international economic order was set in place. World trade, the flow of international payments and the financing of development were among the priorities of the time, which encouraged the victors of the war to create a series of international organizations that gradually shaped the international economic system as it is known today. Over the course of time, new problems have emerged to which the hegemonic economic system does not seem to provide solutions, such as international inequality and poverty, which are now at their highest rates in history, as well as other social and environmental concerns. In response to these issues, various currents and proposals have emerged over the last century advocating an economic model that prioritizes the social and moral impact of the economy. An ethical economic model Islamic finance is distinguished by the ethical nature of its transactions, which implies a responsibility towards society and the welfare of citizens. It represents an alternative to conventional economic behavior based on ethical and social considerations (Orozco de la Torre, 2011). Despite being an idea based on and arising from Islam, Islamic finance is not exclusive to Muslims, but is applicable to all people and ...</description></oembed>
