SHARIA BANKING
DENMARK

DENMARK SHARIA BANKING DENMARK ISLAMIC BANKING FINANCE


DENMARK ISLAMIC BANK MURABAHA MUDARABA

In Denmark, sharia-compliant banking currently accounts for a marginal share of the Danish financial sector. Recent estimates expect that Islamic financial assets in Denmark could reach more soon.

Denmark is preparing the legal framework for Islamic finance products such as the issuance of Islamic bonds (Sukuk) and in order to help financing Denmark's SME it will promote Sukuk, Takaful (Islamic insurance) and halal microcredit.

Currently, Denmark has a number of fully operational Islamic banks which serve retail and islamic corporate banking offering halal financing products such as Ijara, Ijara-wa-iqtina, Mudaraba, Murabaha and Musharaka.


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