In the Netherlands, Islamic Finance aims to offer a halal financing solution to Dutch Muslims and non-Muslims who wish in the context of Islamic sharia to use Islamic financial products in the Netherlands.
The Netherlands has a sizeable Muslim population that wants access to halal financial products that will allow them to integrate them into their Islamic way of life.
The Central Bank of the Netherlands had very early identified the need to establish local legislation and taxation adapted to enable the realization of the project of commercialization of Islamic finance in the Netherlands.
The Netherlands now has some Islamic banks offering Halal financial products to Dutch Muslim clients.
Islamic finance in the Netherlands mainly uses the rules of Murabaha to give access to halal finance.