In this episode, we talk about some arguments that are usually put forward in order to claim that conventional insurance is halal or permissible. We also highlight how in principle conventional insurance differs from Takaful or Islamic version of 'insurance'. Topic: insurance, riba, interest, usury, contracts, risk, uncertainty, gharar, takaful Links for Telegram channel and social media available at https://www.islamicfinancepodcast.com/pages/connect Almir's Youtube channel available at...

In this episode, we talk about the concept of taxation and how it relates to the role of the government, freedoms and active citizenry. We also talk a little bit about the latest news and gamification of financial markets. Topics: dogecoin, trading, short selling, government, leadership, tax, regulations. ---------- Don’t forget to rate our podcast *5 stars* wherever you listen to us! ---------- Join Islamic Finance Podcast Telegram channel at: https://t.me/IslamicFinancePodcast ...

It this episode we talk about the recent moves in the US Stock market and how a group of Reddit traders led financial warfare against Wall street Hedge funds. Some have compared this to the epic battle between David and Goliath (Dawood and Jalut) - but we think there is more to the story. We also look at short selling that was used and if these types of speculative instruments are shariah compliant. Timeline of events: - Hedge funds shorted the share in GameStop (American video game...

In this episode, we talk about limited liability, home loans and answer some contemporary questions. Topic: Limited liability, home loans, fees, debt, equity, transactions, charity, riba, interest. Links for Telegram channel and social media available at https://www.islamicfinancepodcast.com/pages/connect Almir's Youtube channel available at https://www.youtube.com/almircolan Podcast Hosted by Almir Colan. Connect with us: Be part of the conversation and keep in touch with us to find...

Join Islamic Finance Podcast Telegram channel at: https://t.me/IslamicFinancePodcast Don’t forget to rate our podcast *5 stars* wherever you listen to us! In this episode: We take a deeper look at ribawi transactions. In particular, we analyse the "Student loan" to see if it is ribawi or not. In recent times we have seen several opinions about student loans so this is an opportunity to learn how to break down any contract to its most simple form.  By reducing this transaction to its most...

Big Tech refers to the major technology companies which have inordinate influence. (PCMag) In this episode, we talk about recent political events with regards to Big Tech as they relate to censorship, freedom of speech and consolidation of power. We also reflect on some lessons from the past year and trends with this podcast. Don’t forget to rate our podcast *5 stars* wherever you listen to us! Podcast Hosted by Almir Colan. Connect with us: Be part of the conversation and keep in...

Do not take this too seriously :) We will resume our regular podcast next week insha'Allah. Podcast Hosted by Almir Colan.   Connect with us: Be part of the conversation and keep in touch with us to find out about new episodes and other content. Web: www.islamicfinancepodcast.com Social media: - YouTube - Facebook (public page) - Facebook (group) - Twitter - Instagram ---- Read Disclaimer here.

In this episode, we talk about freedom to enter into the contract and how Islamic law might deal with the question of a minimum wage.   Podcast Hosted by Almir Colan. Connect with us: Be part of the conversation and keep in touch with us to find out about new episodes and other content. Web: www.islamicfinancepodcast.com Social media: - YouTube - Facebook (public page) - Facebook (group) - Twitter - Instagram ---- Read Disclaimer here.

In this episode, we talk about the intersection between technology and finance and what opportunities or challenges it creates for the Islamic fintech industry. This year we have seen a strong rise in stocks for companies such as Zoom, Tesla and Amazon. With their tech-centric solutions, Amazon is redefining commerce, Zoom is changing the way we work, and Tesla’s software car is disrupting the automotive industry. The finance world is not far behind with Apple issuing their own credit cards...

Is paper money just an IOU and debt? What role central and other commercial banks play in creating it? How do we understand financial concepts like intrinsic value, quantitative easing, fractional reserve banking with regards to halal and haram aspects of money?   Podcast Hosted by Almir Colan. Connect with us: Be part of the conversation and keep in touch with us to find out about new episodes and other content. Web: www.islamicfinancepodcast.com Social media: - YouTube -...

Is Multi-level marketing (MLM) a legitimate business or a problematic pyramid scheme? In this episode, we learn about the key difference between a legitimate business and a pyramid scheme.   Podcast Hosted by Almir Colan. Connect with us: Be part of the conversation and keep in touch with us to find out about new episodes and other content. Web: www.islamicfinancepodcast.com Social media: - YouTube - Facebook (public page) - Facebook (group) - Twitter - Instagram ---- Read...

Abu Hurairah states,“The Prophet forbade selling by way of tossing stones to settle a sale (Al-Haasah), and the sale of Gharar.” (Muslim) What is Gharar? Uncertainty, hazard, chance, risk, delusion, deception, danger, peril... Gharar is: - to make someone believe something that is false or vain. - to put someone in a dangerous position due to deception. outwardly - it looks very attractive but in reality it is something much different. Podcast Hosted by Almir Colan. Connect with...

Discussion continues: bitcoin, investments, mutual funds, shares, gold, REIT's, Sukuk, bonds and credit cards. Podcast Hosted by Almir Colan. Connect with us: Be part of the conversation and keep in touch with us to find out about new episodes and other content. Web: www.islamicfinancepodcast.com Social media: - YouTube - Facebook (public page) - Facebook (group) - Twitter - Instagram ---- Read Disclaimer here.

Key rules and types of riba (interest) with examples. Summary of rules by Imam Nawavi: When the underlying ‘Illah (operative cause behind a law) of the two goods being exchanged is different, shortfall/excess and delay both are permissible, e.g. the exchange of gold for wheat or dollars for a car. When the commodities of exchange are similar, excess and delay both are prohibited, e.g. gold for gold or wheat for wheat, dollars for dollars, etc. When the commodities of exchange are...

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. Podcast Hosted by Almir Colan. Connect with us: Be part of the conversation and keep in touch with us to find out about new episodes and other content. Web: www.islamicfinancepodcast.com Social media: - YouTube - Facebook (public page) - Facebook (group) - Twitter - Instagram ---- Read Disclaimer here.

In this episode, we take a deeper look into contracts and some everyday transactions. Where to learn more: Australian Centre for Islamic Finance (AUSCIF): Islamic Finance Professional Development Course with Almir Colan Website: https://www.auscif.com   For more episode references visit https://www.islamicfinancepodcast.com/blog/2-2     Podcast Hosted by Almir Colan. Connect with us: Be part of the conversation and keep in touch with us to find out about new episodes and other...

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. Hosted by Almir Colan Connect with us: Be part of the conversation and keep in touch with us to find out about new episodes and other content. Web: www.islamicfinancepodcast.com Social media: - YouTube - Facebook (public page) - Facebook...

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 continues to rise, so does the awareness of the timeless principles and values of Islamic finance. Built upon the foundation of Islamic law, which prohibits usurious and speculative activities, the Islamic...

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. Hosted by Almir Colan Connect with us: Be part of the conversation and keep in touch with us to find out about new episodes and other content. Web: www.islamicfinancepodcast.com Social media: - YouTube - Facebook (public page) - Facebook (group) - Twitter - Instagram ---- Read...

In this episode, we examine incentives that drive economic prosperity and reward initiative and risk-taking. Specifically, we look at the principles that Xiaogang village adapted in 1978 and how it led to China's modern economy that reportedly lifted 500 million people out of poverty. Hosted by Almir Colan Connect with us: Be part of the conversation and keep in touch with us to find out about new episodes and other content. Web: www.islamicfinancepodcast.com Social media: - YouTube ...

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 shows the moral leadership and wellbeing of society via its capacity to take care of those who are in need. This function is built on virtues like empathy and compassion where Islam legislates several mechanisms such as zakat, sadaqh, waqf and similar methods to discharge this obligation. Second,...

In this episode, we examine intentions that drive our actions - from gaining financial knowledge to how we act upon it. Hosted by Almir Colan Connect with us: Be part of the conversation and keep in touch with us to find out about new episodes and other content. Web: www.islamicfinancepodcast.com Social media: - YouTube - Facebook (public page) - Facebook (group) - Twitter - Instagram

Islamic Finance Podcast Welcome to Season 1, Episode 1. of newly recorded Islamic finance podcast (hence the numbering 1.1 in the title) In this episode we examine ideas that impact our economy and financial system on the basis of justice, values and ethical principles. Connect with us: Be part of the conversation and keep in touch with us to find out about new episodes and other content. Web: www.islamicfinancepodcast.com Social media: - YouTube - Facebook (public page) - Facebook...

Update regarding Islamic finance podcast. New season coming out soon. First season will include full introductory course into key building blocks of Islamic finance. Subscribe to our newsletter and social media. Find more details at https://www.islamicfinancepodcast.com

Join our Email list: https://www.islamicfinancepodcast.com Facebook group: https://www.facebook.com/groups/Islamicfinancepodcast