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
