Wisdom behind the Prohibition of Riba (Interest) - GFC Case Study | Almir Colan
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 Published On Jun 15, 2023

One of the miracles of Islam is the prohibition of riba (interest, usury). Many students, when studying these rules for the first time, perceive them as burdensome to the economy and question the wisdom behind exchanging money for money in equal amounts and instantly. They sometimes even ask if such restrictions have a place in a modern economy.

In this clip, we analyze the power of Islamic economic principles by examining the root causes of the Global Financial Crisis. Join us as we explore the power of the riba ban and its significance in shaping our financial systems.

Please take a moment to listen and share.

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To learn more about Islamic principles regarding money and finance join me for:

Islamic Finance Professional Development Course
6-Week Online Course
June 22, 2023

Learn more: https://www.almircolan.com/ifpd2023

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