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
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Wisdom behind Prohibition of Riba (interest)...
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And when this blessing is withdrawn, one will not enjoy what he has from wealth, even if he has much of it.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
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