THE POSITION OF ISLAMIC LAW AND LEGISLATION ON ATTRACTING FOREIGN CAPITAL FOR INVESTMENT IN ISLAMIC COUNTRIES: AN ANALYTICAL STUDY
DOI:
https://doi.org/10.64757/alqanatir.2025.3408/1095Keywords:
Foreign, Investment, Economic, Growth, CapitalAbstract
In order to effectively strike a balance between adhering to Sharia law and promoting foreign investment as a vital tool for economic growth, this research paper will examine and evaluate the legal position of foreign capital entering the investment sector in Islamic nations. Given its significance as a key source of funding for economic development in these nations, the study emphasizes the Islamic viewpoint on foreign investment. The initial segment of the research delineates foreign direct investment and its principal forms, whilst the subsequent segment examines the Sharia perspective on this investment type, including a discourse on the involvement of non-Muslims in Muslim investment initiatives. The document highlights the Sharia regulations governing foreign direct investments in Islamic nations. In conclusion, solutions grounded in Sharia and local legislation will be proposed to improve the investment climate in these nations.
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