Listen "#1003 – Interview with Ikmal"
Episode Synopsis
Recorded on 27th of August 2024 In order to become a subscriber on Ko-Fi or to make a donation please click on the link below:Ko-Fi Description : Riba is profit without risk or effort, and it is forbidden in Islam.There is a difference between business and riba, where business involves taking risks while riba guarantees profit without risk.The importance of studying the Quran correctly to understand the concept of usury.Summary : 00:00 – Usury in Islam: Contrast with Charity03:52 – Business Risk and Profit vs Usury04:30 – God said no05:04 – Difference Between Business and Usury05:18 – Usury and the Failure of an Economy Based on Usury07:35 – Failure of Islamic Banking08:14 – Fair Transaction According to Market Price10:03 – Criticism of Islamic Financial Practices12:57 – Criticism of the Conventional Financial System17:08 – Progress Without Money: Embracing the Future of Finance20:57 – Dancing to Survive: Finding Sharia Solutions to Usury22:49 – How to get away from Riba ?25:54 – Life Without Bank Money: A Muslim's View26:27 – Rejecting Usury: Challenging the Western Economic System Source : https://bit.ly/3ADqthUAugust 27, 2024 2:00 AM
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