The article discusses Islamic finance as an alternative to conventional finance, focusing on its compliance with Shariah law and potential for socio-economic justice. It aims to explain the structure and operations of the Islamic financial system, comparing it to conventional finance to highlight its unique features. The key principles and characteristics of Islamic finance, as well as the financial products traded within the system, are explored. The article emphasizes the role of Islamic finance in contributing to the efficient functioning of the overall financial system and its relation to real economic activities.