Most investors outside the corridors of Islamic finance have a negative perception of trading opportunities in Islamic nations. This has been cultivated by a history of limitations posed by religious principles applied in almost all sectors of the market. It has been, and still is, a mandatory requirement that all trade be conducted in strict accordance with the Islamic law. Re-evaluation of these requirements has been ongoing, following the influence of western markets. Consequently, there has been a redefinition of Islamic finance principles to an extent that offers non-Muslim investors the go-ahead to seek markets in areas predominantly Muslim.
To understand this liberal but silent movement of the Islamic finance world, a scholarly approach is the most ideal. Islamic economics as a term can be used to refer to the application of the Islamic law in the conventional economic activity of a market segment, whether or not such application is in free will or by force. Islam and finances have a meeting point, in which the financial interests of market players are met at certain conditions required by the religion. That meeting point is where the Islamic finance world operates. This in turn demands the establishment of an Islamic economic system, based on saving, spending, and investing policies accepted by trading partners.
After such an understanding, prominent Shia scholars like Mahmoud Baqir al-Sadr and Mohammad Taleghani have helped redefine the enforcement of