Islamic finance prohibits interest-based transactions

Conventional finance is based on barter systems

Islamic finance does not involve monetary transactions

Conventional finance is only applicable to non-business entities

Developing financial technologies to improve services

Organizing traditional banking systems

Eliminating digital payment methods

Promoting manual accounting practices

The study of human behavior and psychology

The art and science of managing money and other assets

The process of manufacturing goods

The study of natural sciences

To allocate financial resources effectively and efficiently to achieve the firm's goals.

To increase the firm's expenses.

To avoid financial planning.

To reduce the firm's profits.

Helps generate a broad picture of the economic environment

Provides historical financial data including balance sheets

Future-oriented, taking both economic and accounting data to make decisions

Focuses on individual financial transactions

Building wealth and focusing on long-term objectives

Reaping profits instantly and focusing on short-term goals

Minimizing financial risks

Enhancing employee satisfaction

Emphasizes shareholder wealth for the long term

Emphasizes accounting profit for the short term

Considers uncertainty or risk factor

Applies the principle of time value of money

Profit maximization considers uncertainty or risk factor

Shareholders' wealth maximization ignores risk or uncertainty

Profit maximization ignores risk or uncertainty

Both approaches ignore risk or uncertainty

Increasing the profit of the company in the short term

Increasing the value of the company’s stakeholders in the long term

Achieving efficiency in day-to-day operations

Ignoring risks and uncertainties in the business model

Managing financial resources to increase the value of the company’s stakeholders

Managing financial resources to increase the company’s profit

Achieving a larger value of the company’s worth

Reflecting the company’s increased market share

Managing the organization's marketing strategies

Ensuring the financial health of an organization

Supervising the organization's human resources

Overseeing the organization's IT infrastructure

Producing financial reports

Directing investment activities

Developing strategies for long-term financial goals

Designing the organization's product line

Short-term marketing plans

Long-term financial goals

Employee training programs

IT infrastructure plans

Interacting with investors and managing market transactions

Conducting employee training programs

Designing marketing strategies

Overseeing product quality

By laying plans

By hiring new employees

By reducing costs

By increasing production

To create a strategy for managing business finances and achieving specific goals

To increase personal savings without any planning

To avoid all financial risks without considering profitability

To focus solely on budgeting without setting goals

The company's marketing strategy

The sales growth rate

The employee hiring process

The customer satisfaction rate

Decisions from other departments have no impact on FM's role.

Decisions from other departments might affect investment decisions.

Decisions from other departments only affect external stakeholders.

Decisions from other departments are irrelevant to FM's responsibilities.

Investing them in the financial market

Saving them in a bank account

Using them for operational expenses

Donating them to charity

Managing customer complaints

Identifying and mitigating financial risks

Developing new products

Conducting employee training

Islamic law (Sharia)

Secular laws and financial theories

Social justice and equity

Ethical standards and prohibitions

Islamic Finance is based on secular laws, while Conventional Finance is based on Sharia.

Conventional Finance emphasizes social justice, while Islamic Finance focuses on profit maximization.

Islamic Finance adheres to Sharia and ethical standards, while Conventional Finance is based on secular laws and financial theories.

Both are governed by the same principles but differ in terminology.

Conventional finance prohibits interest, while Islamic finance permits it.

Conventional finance permits interest, while Islamic finance prohibits it and uses profit-sharing and leasing.

Both conventional and Islamic finance prohibit interest.

Both conventional and Islamic finance permit interest.

Islamic finance transfers risk to the borrower, while conventional finance emphasizes shared risk.

Islamic finance emphasizes shared risk and profit-sharing, while conventional finance transfers risk to the borrower.

Both Islamic and conventional finance emphasize shared risk and profit-sharing.

Both Islamic and conventional finance transfer risk to the borrower.

Secular laws and financial regulations.

Sharia principles, avoiding unethical activities.

No specific ethical standards.

Ethical standards are the same as conventional finance.