Episodes
Published 08/13/23
I’m super excited about this episode. It’s very rare to come across someone who has excelled so much in the corporate world and at the same time has done so much for the community. Through knowing Moustafa I now realise that anything is possible with belief and sheer determination. I remember when he said, 'I'm going to build an Islamic museum' I naively thought, 'How is that even possible? You'd have to raise at least $2m'. Not only did he do that, he raised another $10m and built the first...
Published 08/13/23
In this episode, I speak to my brother-in-law James (Bungas) Inglis who has been a mentor to me my whole life alhumdulilah. We talk about the need to develop a savings mindset and he give some tips and techniques on how we can save at each phase of our life. James is a Financial Planner with Adelaide Wealth Management and prior to that he held various roles at Macquarie Bank, JP Morgan and Morgan Stanley Smith Barney.  *Disclaimer: The topics and themes mentioned in this episode does not...
Published 02/11/23
This is the second part of our discussion with one of the biggest movers and shakers in the Islamic finance industry Oz Ahmed (CEO, Al-Rajhi Bank, Malaysia). In this episode, we track his rapid rise to becoming one of the youngest CEOs of HSBC and in Malaysia. We cover Value-Based Intermediation (VBI) a move towards re-orienting Islamic finance business models towards realising the Maqasid al-Shariah (Objectives of Shariah). We also discuss Al-Rajhi's innovative approach to 'Unbanking the...
Published 01/21/23
This is the first part of a conversation with a good friend of mine Oz Ahmed (CEO, Al-Rajhi Bank, Malaysia) and his journey to becoming one of the youngest CEOs of HSBC and in Malaysia. In this episode, we go back to where it all started in East London, and we follow Oz's journey into the Islamic finance industry. Arsalaan 'Oz' Ahmed Oz is the current Chief Executive Officer of Al-Rajhi Bank Malaysia and is a recognised leader in Islamic finance with over 15 years in financial services, he...
Published 01/06/23
This is the second part of our interview with Hasan Jivraj a senior financial journalist focusing on Middle Eastern debt capital markets, Islamic finance, and international political economy. In this episode, we talk about Islamic finance in the UK and his thoughts on where the industry is headed at large. If you're enjoying the podcast, please leave us with a rating, comment and don't forget to share! ... Arabic language podcast Arabic with Imran Lum Book: A Comparative Study of Islamic...
Published 09/29/22
In this episode, we chat to Hasan Jivraj a senior financial journalist focusing on Middle Eastern debt capital markets, Islamic finance and international political economy. We chat about his journey into journalism, his studies n the Muslim world, and how he ended up writing on the Islamic finance markets. This episode is for our Arabic-speaking listeners but for those of you who don't speak Arabic, in the next episode with Hasan, we discuss the UK Islamic finance industry.  If you're...
Published 09/04/22
In this episode, Anisa and I discuss the genesis of the Islamic banking and finance industry. We discuss some of the challenges of the profit and loss sharing structures (mushaarakah, muDaarabah etc) and share some of the criticisms of the sale-based muraabahah, commodity muraabahah and ijara muntahia bit-tamleek structures. We try to explain what these Islamic structures are in the simplest of terms.  If you like these episodes, hit us up with a rating, share and leave a comment! Check...
Published 08/31/22
In this episode, we’re going to have a look at how the traditional jurists of the four main schools of Sunni Islam interpreted ribā and how they extended the prohibition to other commodities. Check out: Book: A Comparative Study of Islamic Finance in Australia and the UK (Routledge, UK, 2022)
Published 08/10/22
In this episode, we give a bit of background to the prohibition of ribā. There is little debate in the Islamic tradition on the prohibition of ribā. The differences, however, lie in the interpretation of ribā and the question of how to live in a society that is heavily reliant on interest and conventional banking, yet at the same time remain observant of the prohibition.  We'll be exploring the origins of this conundrum. Check out: Book: A Comparative Study of Islamic Finance in Australia...
Published 08/10/22
In this episode, we chat with Asad Ansari, the Co-Founder of Amanah Islamic Finance and Non-Executive Director of the Islamic Museum of Australia. Prior to this, he was a Director at Deloitte and Kuwait Finance House. Asad is one of Australia's leading experts in Islamic finance and has advised on over AUD $1bln in Islamic finance transactions. He shares with us his experiences of working in the Islamic finance industry and some of the challenges. Check out: Amanah Islamic Finance Asad Ansari
Published 07/31/22
In the nineteenth and twentieth centuries, various Islamic trends influenced Islamic law and thought. The debate on interest and conventional banking did not escape these intellectual trends. It is largely accepted that the primary sources of Islamic law are the Qur’ān and the Sunna. Although there are differences as to what parts of the Sunna are deemed authentic, there is little debate among the various schools of thought that the Qur’ān and Sunna formulate the scriptural basis of the...
Published 07/29/22
Welcome to the Muslim Money podcast. In this series, we’re going to talk about anything and everything related to Muslims and money. The idea behind this podcast series is to contribute to increasing Islamic financial literacy on all things related to Muslims and Money. Leveraging my academic studies and work in the Islamic finance industry, we’re going to talk about some of the prohibitions namely ribā or what many interpret as interest, Islamic economics, Islamic finance, Islamic finance...
Published 07/29/22