Shariah compliant financial products and services are those which adhere to rules provided in the Shariah (the body of Islamic law and jurisprudence). The Shariah discourages riba (payment and receipt of interest), speculation and certain industries, pastimes and foods including gambling, pornography, alcohol and pork.

Commercial arrangements and agreements which are structured to be Shariah compliant would include mudarabah (profit and loss sharing/ limited partnership), ijarah (leasing), musharakah (partnership/joint venture), murabahah (cost plus mark-up), bai bithaman ajil (deferred/credit sale), wakalah (agency), takaful (insurance) and sukuk (capital markets bond).