Sharia law, or simply Islamic law, is part of Islamic traditions and derives from the religious aspects of Islam such as Hadith and the Qur'an. This law governs every aspect of the life of a person who chooses to follow the Islamic religion, and finance and banking are no exception. As a general rule, banks and other financial institutions operating under Islamic law are considered Sharia compliant. While all Islamic banks operate in accordance with Sharia law, more and more Western banks are also trying to comply with Sharia law and, therefore, are acquiring a new client base and partners. https://www.confiduss.com/en/info/blog/article/sharia-law-banks/