Darwah & More

#1003 – Interview with Ikmal


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Recorded on 27th of August 2024

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Description :

Riba is profit without risk or effort, and it is forbidden in Islam.

There is a difference between business and riba, where business involves taking risks while riba guarantees profit without risk.

The importance of studying the Quran correctly to understand the concept of usury.

Summary :

  • 00:00 – Usury in Islam: Contrast with Charity
  • 03:52 – Business Risk and Profit vs Usury
  • 04:30 – God said no
  • 05:04 – Difference Between Business and Usury
  • 05:18 – Usury and the Failure of an Economy Based on Usury
  • 07:35 – Failure of Islamic Banking
  • 08:14 – Fair Transaction According to Market Price
  • 10:03 – Criticism of Islamic Financial Practices
  • 12:57 – Criticism of the Conventional Financial System
  • 17:08 – Progress Without Money: Embracing the Future of Finance
  • 20:57 – Dancing to Survive: Finding Sharia Solutions to Usury
  • 22:49 – How to get away from Riba ?
  • 25:54 – Life Without Bank Money: A Muslim's View
  • 26:27 – Rejecting Usury: Challenging the Western Economic System 

Source :

https://bit.ly/3ADqthU

August 27, 2024 2:00 AM

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Darwah & MoreBy Sheikh Imran Hosein