The College of Islamic Sciences at the University of Karbala held a master’s thesis defense for graduate student Maryam Musa, titled “Funding Sources of Islamic Banks in Imamiyyah Jurisprudence – Presentation and Analysis.”

In her thesis, the researcher conducted a specialized academic study aimed at clarifying the Imamiyyah (Shi’a) jurisprudential perspective on regulating the financial resources of Islamic banks. The study also highlighted the Sharia-based and economic principles that underpin financing and investment operations in these banks, which are considered modern financial institutions representing a key aspect of economic renewal in contemporary Islamic societies.

The research explained that the topic responds to an urgent need for establishing a financial system rooted in Islamic Sharia principles, free from prohibited usurious practices, to serve as an ethical and economic alternative to conventional banking—one that balances the requirements of modern development with the foundations of Islamic law.

The thesis concluded that these financial resources form an integrated financing system capable of supporting the Islamic economy and achieving equitable development. It emphasized the importance of developing Islamic banking legislation and expanding financing instruments in accordance with Imamiyyah Sharia principles.