A few weeks back, prominent scholar Shaykh Dr @YasirQadhi interviewed Shaykh Dr Main Al-Qudha, a very respected and senior scholar of Islamic jurisprudence and a specialist in Islamic finance at @EPICMASJID. They had a very juicy interview which in this video, I'm going to carefully dissect and commentate on.

Put your seatbelt on folks, this one's going to really interesting. Don't forget to comment your thoughts on our analysis and not to mention tell us what other videos you'd like to see from us.

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Remember, with investing, your capital is at risk. This is not financial advice. If in doubt, always talk to a financial advisor.

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TIMESTAMPS
00:00 - What is going on?
00:37 - Q1: Can you please define what is Riba and why is it problematic?
05:44 - Ibrahim has a different perspective
07:43 - Risk-sharing approach; the Islamic ideal?
08:06 - Q2: Is every loan that benefits the lender Riba?
08:30 - Analysis: why is Riba problematic?
11:47 - Q3: What are some examples of Riba?
14:02 - Is car finance Riba?
14:53 - Real life example of Riba
18:50 - Q4: What does it mean to Mortgage a house?
21:58 - Q5: Do the rulings of Riba need to be rethought for fiat currency?
26:22 - Analysis: The nature of money in modern times
30:03 - Q6: What makes Islamic finance islamic?
30:55 - Jewish finance? Christian finance?
33:19 - Islamic finance = halal-enough finance
34:00 - Q7: What can we do against the global financial market?
36:59 - Analysis: Can we actually fight the system?
40:17 - You need to do one thing (listen carefully)
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Who are we:
We are two Oxford grads who have studied Islamic finance both at uni and classically for over 6 years. We quit our corporate law jobs to go full-time on IFG in 2020. We are on a mission to help 25% of the world's population with their personal finances.

Islamic Finance Guru (IFG) is an Islamic finance comparison and analysis site that helps people with their investment, personal finance and entrepreneurial journeys.

We do this for one reason: to make our community better-off. We want to take Muslims from being among the poorest in society to the richest. We think that this is the most effective way to deal with problems like discrimination, under-representation and poverty. For more about the team visit: https://www.islamicfinanceguru.com/ab...
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