Sharing things about Islamic Finance, business and other interests...
Dive into Riba, learn about its history and impact.
In this video, we explore the subject of riba (interest, usury), its prohibition, and historical context. We also analyse common Riba situations and compare Islamic vs conventional finance.
0:38 Meaning of Riba
2:16 Prohibition of Riba
3:54 Simple Ribawi Transactions
6:36 Parties Involved in Riba Transactions
8:51 Riba in Previous Nations
9:12 The Bible on Riba (Ribit)
12:17 The Merchant of Venice Story
14:07 Shylock "Sammy the Bull"
15:49 Wisdom Behind the Prohibition of Riba
17:16 Programming of Riba
17:46 The Fall of the Ottoman Empire
20:49 Types of Riba
24:28 Rules for Riba
27:59 Examples of Riba
38:03 Conventional vs. Islamic Finance
44:07 Basic Modes of Finance
Watch on YouTube > click here
Other suggested videos:
Turkiye's Economy: The Untold Story (full documentary)
Wisdom behind Prohibition of Riba (interest)...
What are the top 5 must-have Islamic finance books on your bookshelf? Here is the list of my top 5 favourite Islamic finance books:
Links from video:
An Introduction to Islamic finance by Mufti Taqi Usmani <Link>
AAOIFI Shariah Standards <Link>
Financial Transactions in Islamic Jurisprudence by Dr Al-Zuhayli (2 volumes). <Link>
Economic Concepts of Ibn Taymiyyah by Abdul Azim Islahi <Link>
Understanding Islamic Finance by Prof Dr Muhammad Ayub <Link>
Direct Youtube Link for the video "Top 5 books on Islamic Finance" : https://youtu.be/gDNBi2dAAvU
My links - https://www.almircolan.com/links
Welcome to the Bitcoin 101 Short Course.
As Bitcoin’s value increased, many took it as a sign that we are witnessing a breakthrough in the way we conduct commerce.
In this course, we examine various claims around the Bitcoin ecosystem and if ethical investors should buy, trade or invest in bitcoin.
View course via Youtube Playlist at: https://youtube.com/playlist?list=PL648OdKhWVX-jYMmBvAfwtEEF3bJyDEr8
Recently my kids came to me and told me that they wanted to buy something online. I asked them what it was, and it turned out to be a significant purchase. I asked them, how will they buy it since their savings were not enough?
They told me about a new app which allowed them to “buy now, pay later”. I did not like that idea for a number of reasons.
Watch video to learn more.
In this video we are talking about 2 concepts that are important for understanding the key trends in our economy today.
One of the miracles of Islam are the rules of Riba (interest, usury). Many students who for the first-time study these rules think they are a burden to the economy and question wisdom to why we exchange money for money in equal amounts and on the spot. Sometimes we even ask if there is a place for such restrictions in a modern economy? In this clip, we analyse the power of Islamic economic principles regarding the ban on Riba by looking at the root causes of the Global Financial Crisis.
Please listen and share.
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When Allah wants good for His slave, He puts barakah into his wealth even if his wealth is little.
And when this blessing is withdrawn, one will not enjoy what he has from wealth, even if he has much of it.
So what is Barakah (blessing) in money?
Watch on Youtube:
In this interview, I share memories from my childhood and growing up in Sarajevo, and also some thoughts about challenges in the Islamic economy and finance.
The video is translated with English subtitles & recorded during my recent trip to hometown Sarajevo in Bosnia by Televizija 5.
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Youtube link: https://www.youtube.com/watch?v=EHyKSAMO3QU
There is a universal demand for a fair and just financial system. One that is socially responsible and sustainable. The question is: how do we get there?
By Almir Colan
Financial uncertainty can magnify who we really are. It can bring out the best or the worst in us, and that struggle goes back to the very beginning of human existence. The very first business deal in the history of humankind was made soon after God created the first man and woman. A cunning broker approached these newly created beings with the following proposition: “Your Lord did not forbid you this tree except that you become angels or become of the immortal.” And he swore to them, “Indeed, I am to you from among the sincere advisors.” (Qur’an 7:20-21.) This salesperson knew how to manipulate human fears and aspirations. He sold the first ever triple “A” rated security and shrouded it in ‘sincere’ financial advice. Until that time, Adam and Eve had never...
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