... else that Shari'a (Islamic law) deems haram (unlawful). avarice principal Business English Lesson – Advanced Level's archive Islamic Finance 1. With the modern Islamic financial ... individual to retain any surplus wealth, Islam seeks to reduce the margin of the surplus for the well being of the community as a whole, in particular the and deprived sections of society by participation ... absolve absorb usury venery 4. While permitting the individual the right to seek his economic well being, Islam makes a clear distinction between what is halal (lawful) and what is haram (forbidden)...