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How to Identify Riba (interest): Buying a Car Example
< YouTube link >
In this video, we talk about Riba (interest/usury) and how to spot it in everyday transactions.
Using a common example of buying a car, we illustrate how one transaction can be done as permissible trade, while another can entail Riba from a loan or money-for-money arrangement. This can be hard to spot if you're not familiar with it, but by the end of this video, you'll be able to recognise Riba confidently, insha'Allah. Β
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Interview: From personal to finance matters
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
