109: Islamic Banking: Allah's Formula to Gaining Wealth w. SH Navaid Aziz

30/10/2024 1h 26min

Listen "109: Islamic Banking: Allah's Formula to Gaining Wealth w. SH Navaid Aziz"

Episode Synopsis

Why did Allah create money? What is Gold & Silver? Why are they in heaven? Why is interest haram? Is credit Card debt Haram? Can I get a Student Loan or is it haram? Can I get a mortgage in America or is it haram? Is it haram to get a car loan or should I lease. How do I get rich in a halal way. How do I get rich as a Muslim? The Quran's advice to wealth. Is stock trading haram? Is bitcoin halal? All these questions are asked and more in this all encompassing episode on Islamic finance, the laws surrounding it and Islamic banking.

00:00 Intro
01:23 is money real?
06:14 Is Money in Jannah? why do we love gold?
08:15 Money is King of Materialism
11:36 the concept of usury & Riba
16:25 Real money VS fake money
17:32 loans and mortgages haram?
26:39 Car Loan
30:49 Credit Card Debt & Student Loan
34:19 whys interest haram
39:59 How to get Rich
44:00 Quran's Key on How to Get Rich
54:10 Is bitcoin at stock trading halal?
1:03:00 Mutual Funds & 401k
1:10:00 Can you invest in Netflix?
1:12:00 Muslim Relationship with money
1:18:47 Outro

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