Islamic finance is a financial system established in accordance with the principles of Sharia (Islamic law) and based on fundamental principles such as the prohibition of interest, risk sharing and ethical investment. This system enables the realisation of economic activities in a sustainable and fair manner. Financing models developed within the framework of Islamic finance aim to provide solutions that meet individual and corporate financial needs.

Murabaha, one of these models, is a sales-based financing model in which the cost of the goods and the profit rate added to it are clearly stated. This method enables consumers and businesses to meet their financial needs by offering interest-free credit alternatives. Mudaraba is a model based on profit-loss partnership and has a structure in which one party provides capital and the other provides labour or expertise. Profit sharing is made according to predetermined ratios, while the loss belongs only to the capital owner.

Another model, Musharaka, is a partnership-based financing model. The parties invest in a joint project or business by accumulating capital. In this model, profit and loss are shared according to the investments of the parties. Ijara is a lease-based model. In this method, the right to use an asset is transferred through lease and is widely used especially in asset-based financing.

Sukuk is a financing instrument known as interest-free bonds. Sukuk holders receive income based on the underlying assets. This model provides access to capital markets in compliance with the prohibition of interest. In addition, Takaful, which is within the framework of Islamic finance, is a system based on mutual solidarity and assistance in the field of insurance. Participants share the risks by creating a certain fund and this fund is used to cover the losses of the participants.

Islamic financing models offer an approach that supports social justice, ethical values and sustainable development as well as financial gain. These methods constitute an important alternative, especially for individuals and institutions seeking interest-free and ethical financial solutions.