
← Mindscaped Podcast2 mrt · 1 u 56 min
Islamic Finance - The Truth About Shariah Banking with Ameen Hassan | S4E3
<p>Is Shariah banking a divine alternative… or just capitalism in a kufi?</p><p>From gold-backed currencies and the Nixon shock…To “War with Allah” verses on riba…To crypto, forex and variable rates.</p><p>We asked the common question..Is profit really different from interest?</p><p>Are we Shariah compliant or just Shariah convenient?</p><p>And why are non-Muslims choosing Islamic banking?</p><p>This one might rattle the boardroom and the masjid.Full episode live now. </p><p>🎙️Watch before you sign that haraam contract.🎧 Timestamps:00:00 Introduction</p><p>04:15 What is Shariah Banking</p><p>07:00 Bretenwood & Nixon Shock14:00 When the world stop using gold1</p><p>6:00 Organisation of Islamic Countries</p><p>19:45 Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI)</p><p>25:30 The world is not Shariah compliant</p><p>28:45 Quran and Interest (Riba)</p><p>34:00 War with Allah</p><p>39:40 Interest Vs Profits</p><p>46:20 Lack of education on Islamic Finance</p><p>49:00 The 4 approved Shariah structures in SA</p><p>52:28 How is interest and trade different</p><p>01:00:55 The reserve bank</p><p>01:09:00 Non muslims choose Shariah Banking</p><p>01:14:45 Is crypto currency Shariah compliant?</p><p>01:19:00 Is forex trading Shariah compliant?</p><p>01:23:00 Shairah compliance in an interest bank?</p><p>01:25:00 Variable interest rates</p><p>01:34:33 Shariah compliant insurance</p><p>01:42:30 Shariah compliance business finance</p><p>01:47:00 Summary Sponsored by Standard Bank Shariah</p>