Islamic Finance 101- A (Very) Brief Introduction | Ali Siddiqui - Muslim Money Talk Ep 13 скачать в хорошем качестве

Islamic Finance 101- A (Very) Brief Introduction | Ali Siddiqui - Muslim Money Talk Ep 13

In a Muslim Money Talk first I’m joined by my own brother! Ali Siddiqui, corporate lawyer, Kestrl’s head of legal and a student of Islamic Finance. Ali gives an overview of Islamic Finance’s origins and how the industry operates despite a seemingly flawed ecosystem. He also goes into how Islamic Finance proved to be a route to combining his career with his faith. This podcast is powered by Kestrl. Kestrl is an app that helps Muslim to grow their wealth without compromising their beliefs Kestrl - The Muslim Money App https://kestrl.io/ TIMESTAMPS: 00:00 - Intro and guest’s background 02:45 – What is Islamic finance? 06:08 – Finance pre and post Islam 09:14 – From Gold to Fiat 12:42 – The Mudharaba model 15:11 - The Musharaka model 16:10 – Interest-free loans 21:59: Credit sales 25:46 – Islamic vs Conventional Mortgages 30:02 - Aligning faith and a career in law 35:00 - Learning from the Ottomans and founding RFF 39:21 – Interest: why is it forbidden in Islam? 51:37 – Next steps for RIBA Free Foundation 54:53 – A hopeful future for Islamic Finance 1:00:24 - Why Muslims Cannot give up on this Industry