Most Muslims that I know, especially reverts, really dislike the topic of money or generally Dunya success - not to mention financial literacy. Do you have any methods for challenging that kind of thinking? I guess there's a healthy balance, I just can't seem to figure out where it is.
@jantheslovakmuslim really interesting point raised! Personally I always think of the very first Muslims and how many of them were fantastic business people. From Khadija RA to Abu Bakr RA, many of them would have been multi millionaires by todays standards. The greater their wealth, the greater the change for good they could make in this world. My favourite example is the story of the first Waqf formed by an investment into a well in Medina by Uthman ibn Affan- and how that investment still survives 1,400 years later and funds much of the development in Makkah (I wrote a little summary here: www.linkedin.com/posts/areeb-siddiqui-01b06144_kestrl-islamicfinance-islamicbanking-activity-7028278243484954624-P5k2?) Thanks Areeb
I’m an individual that doesn’t believe investing in the stock market is halal. As businesses that have interest bearing debt are considered halal up to a certain point. Objectively it’s haram. You can’t justify necessity either as investing stock market ain’t a necessity. There’s hardly any real innovation which is so disappointing.
12 : 51 - Kashmir - from the pages of history - five hundred thousand kashmiri pandits were thrown out overnight - ethnic cleansing of kashmiri pandits happened. Not muslims
Where does the money come from for these islamic finance guys is it built thru they own money or isit from the western banking system would love to know this
41:50 you want to know where muslims took other people's land? You want to know where because of muslims people are separated for decades? Well, I can only speak about Bangladeshi and Pakistani hindus and other religion people. I am sure there are many more
What an insightful podcast, so many gems Masha’Allah 👏🏽
An excellent podcast, glad it came up on my feed. May Allah reward you brothers
Most Muslims that I know, especially reverts, really dislike the topic of money or generally Dunya success - not to mention financial literacy. Do you have any methods for challenging that kind of thinking? I guess there's a healthy balance, I just can't seem to figure out where it is.
@jantheslovakmuslim really interesting point raised!
Personally I always think of the very first Muslims and how many of them were fantastic business people. From Khadija RA to Abu Bakr RA, many of them would have been multi millionaires by todays standards. The greater their wealth, the greater the change for good they could make in this world.
My favourite example is the story of the first Waqf formed by an investment into a well in Medina by Uthman ibn Affan- and how that investment still survives 1,400 years later and funds much of the development in Makkah
(I wrote a little summary here: www.linkedin.com/posts/areeb-siddiqui-01b06144_kestrl-islamicfinance-islamicbanking-activity-7028278243484954624-P5k2?)
Thanks
Areeb
Considering the situation in the Middle East, it is imperative for us to start businesses to divest from and replace Z!0 income.
My fav episode ❤
Great talk by the brother of the issue of Islamic finance and we can see the problem but what is the solution?
I’m an individual that doesn’t believe investing in the stock market is halal. As businesses that have interest bearing debt are considered halal up to a certain point. Objectively it’s haram. You can’t justify necessity either as investing stock market ain’t a necessity. There’s hardly any real innovation which is so disappointing.
Umer Suleman 🤩 know you from Islam21C 🥰
great talk, thank you
12 : 51 - Kashmir - from the pages of history - five hundred thousand kashmiri pandits were thrown out overnight - ethnic cleansing of kashmiri pandits happened. Not muslims
I plan to buy a property with Pfida finance In Sha Allah
Amazing! Check out our episode with Pfida's founder here: th-cam.com/video/yH5ialt_054/w-d-xo.html
Where does the money come from for these islamic finance guys is it built thru they own money or isit from the western banking system would love to know this
People normally invest by opening an account. These money invested are used to buy a property.
41:50 you want to know where muslims took other people's land? You want to know where because of muslims people are separated for decades? Well, I can only speak about Bangladeshi and Pakistani hindus and other religion people. I am sure there are many more
very very less about practical non interest finance
The answer is NO
At least watch the podcast man.
@@HajjTrip2013 why are you scared of the truth?
so interesting, an islamic finance podcast with haram music which was forbidden by the messenger sal Allahu aleyhi wa salam, in sahih al bukhari 5590.
Salaam and thanks for your comment! All music used is vocal only and sourced/certified by halalbeats.com. Thanks for your concern though…