The Secret Wisdom Behind the Prohibition of Riba (interest) in Islam

13/11/2023 8 min
The Secret Wisdom Behind the Prohibition of Riba (interest) in Islam

Listen "The Secret Wisdom Behind the Prohibition of Riba (interest) in Islam"

Episode Synopsis

► Kindly, leave us a good review if you enjoyed the episode!► More from PIF: https://linktr.ee/practicalislamicfinanceThe Secret Wisdom Behind the Prohibition of Riba (interest) in IslamIt's important to understand the wisdom behind the prohibition of Riba in Islam. Here are 10 reasons why Riba is prohibited in Islam:1- It's an unfair agreement2- Economic Inequality3- Social Harmony4- Money is directed to the most promising projects first5- Emancipating the Slaves6- Moral and Ethical Development7- Discourages Speculative Bubbles 8- Encourages Savings and Investments 9- Promotes Transparency and Honesty10- Economic StabilityCONTACT [email protected] OUR PODCASTOur podcast is about helping people ethically build wealth. We cover a broad range of topics including stock and crypto investing, product reviews, and general financial well-being.DISCLAIMERAnything you hear in this video is an opinion. It is not personalized financial advice. Make sure you do your due diligence before making any investment decisions.