My Blog

Sharing things about Islamic Finance, business and other interests...

Rich and Righteous - Short Course

Welcome to the "Rich and Righteous" Course. In this course, we explore the Islamic perspective on wealth and money.

Subscribe to Almir Colan's YouTube channel to receive updates when new episodes are released.

This course is part of the 'Muslim Money Matters' financial literacy series. To learn more about the Islamic perspective on economy and finance, visit the Muslim Money Matters website, and support us by becoming a member.

For more details visit: https://www.muslimmoneymatters.com

Links:

 < Rich and Righteous Youtube playlist >

Almir Colan's Youtube channel: www.youtube.com/almircolan

Continue Reading...

The Trouble with Riba (interest, usury)

Dive into Riba, learn about its history and impact.

Download Slides in PDF <

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.

Topics
0:00 Introduction
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)
youtu.be/UyPIrbxFu88?si=ck9DX5RviAHl2khb

 

Wisdom behind Prohibition of Riba (interest)...

Continue Reading...

Forgotten blessing: Barakah in Money

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And when this blessing is withdrawn, one will not enjoy what he has from wealth, even if he has much of it.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:

https://youtu.be/nIfHYImGyXs

 

Continue Reading...

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.

Subscribe for more content like this.

Youtube link: https://www.youtube.com/watch?v=EHyKSAMO3QU

Continue Reading...
Close

50% Complete

Subscribe

Enter your email address to receive notifications and updates by email.