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In this episode we continue our discussion about riba. We talk specifically about key rules and types of riba (interest) and give some practical examples.
Summary of rules by Imam Nawavi:
- When the underlying ‘Illah (operative cause behind a law) of the two goods being...
In this episode, we take a look at the prohibition of Riba (interest) in Islam and other religions - as well as some of the wisdom behind it.
Where to listen
You can subscribe to the "Islamic Finance Podcast" with an app on your phone or computer and listen to episodes whenever you...
In this episode, we take a deeper look into contracts and some everyday transactions.
What is the difference between a home loan and home financing? Is there such a thing as Islamic home loan?
All this and more in this weeks episode.
Where to learn more:
Australian Centre for Islamic Finance...
In this 1st episode of the Season 2, we are looking into Islamic Law of Contracts and Business Transactions. This is a critical topic to understand what is permissible and what is not in various commercial transactions and financial arrangements.
Where to listen
You can subscribe to the ...
In this episode, we introduce the basic principles of Islamic banking and finance. Learn some of the difference between conventional and Islamic banking.
Globally, there is a demand for a fair and just banking system that the Islamic banking and finance industry provides.
As this demand...
In this episode, we examine financial incentives that are moving capitalism away from real economic activities and toward zero-sum (win/lose) profit modes that may have a detrimental impact on societies.
Where to listen
You can subscribe to the "Islamic Finance Podcast" with an app on...
People realise their dreams and economic prosperity by participating in system with rules and incentives that reward initiative and taking risk.
In this episode, we examine incentives that drive economic prosperity and reward initiative and risk-taking.
Specifically, we look at the principles...
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In this episode, we talk about a new model for Islamic economy: The Shepherds model.
The first domain of wholesome Islamic economy is the capacity to take care of the weak. This primary indicator...
In this episode, we examine intentions that drive our actions - from gaining financial knowledge to how we act upon it.
Where to listen
You can subscribe to the "Islamic Finance Podcast" with an app on your phone or computer and listen to episodes whenever you like....
In this episode, we examine ideas that impact our economy and financial system on the basis of justice, values and ethical principles.
In this episode we mentioned AAOIFI: Code of Ethics for Islamic Finance Professionals. You can view full code at AAOIFI's website here.
Where to listen
You...