 In this module, we are going to discuss some fundamental concepts related with Islamic banking and finance. These concepts are fundamental not only for Islamic banking and finance but also for Islam in general. We have chosen three fundamental concepts for this segment. Number one, Deen, Number two, Sharia and Number three, Pick. These three are very important concepts. If we understand them, we can get very useful information about Islam. Along with this, we can understand the spirit of Islamic banking and finance because of these three concepts. What is Deen? Deen is a very general concept. We sometimes make it very specific. If it is stated in very general words, then Deen is recognition of the universal system and living a life in harmony with. Allah says in the Quran, Inna Deena Ainda Allahi Al Islam. Deen is only Islam. People sometimes say Deen is the name of Islam which is absolutely correct. But Deen is necessary to understand on a general level that we should keep this definition in mind. This is recognition of the universal system, understanding, understanding, understanding and living a life in harmony with. The most important thing in the universe is a system. All these things are going according to a system. If a person also goes according to the same system, then it is called Deen. Because the system that is given to run is called Islam. That is why we say that Deen is the meaning of Islam. Sharia or Sharia in Urdu. What is Sharia? Sharia is the general framework that Islam as a religion, Islam as a Deen prescribes to its believers to lead a life in complete submission to Allah. So Deen is a very open concept. Sharia becomes a little less open concept than that. This is also a general framework. So Deen is such a thought, or Deen is the name of the universe according to it. Sharia specifies that there is another general framework in this whole general framework. We will call it Sharia and we will come to it after a few minutes. So the third one is Sharia. Sharia is to understand Deen and Sharia. And according to Sharia and Deen, it is called Sharia according to its own behavior. It is called Sharia or Sharia in Urdu. It is called Sharia according to its own behavior. It is called Sharia according to its own behavior. It is called Sharia according to its own behavior. Now these three concepts are very important for Islamic banking and finance. First, its reference, its importance and its reference are general. Sharia is a little more specific. That is why sometimes we call Islamic banking and finance Sharia-compliant banking and finance. Then it is called Sharia-compliant banking and finance. Now what is the difference between them? As I said earlier, Deen is very generic in its form. Sharia is a specific form of it. And Fiqh is a framework and the rule book drawn from Sharia. So understanding these three concepts and their differences will help us to understand Islamic banking and finance.