NORWAY ISLAMIC BANK MURABAHA MUDARABA
In Norway, Islamic Finance aims to offer a halal financing solution to Norwegian Muslims and non-Muslims who wish in the context of Islamic sharia to use Islamic financial products in Norway.
In Norway, the Norwegian Muslim population has always wanted to integrate halal banking products into their daily lives in order to complete the application of the principles of Islam.
Norway faces a great demand for Islamic products to satisfy a population that sees conventional finance as an unethical and non-Islamic Shariah finance.
The Norwegian demand for Islamic Finance is mainly focused on Islamic real estate financing that would allow many Muslims to come to the property in accordance with the principles of sharia law.
Unfortunately, no Norwegian bank offers halal financial products, despite rumours circulating about the opening of an Islamic bank.