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This video explores the concept of Riba in Islam, exploring its meaning, types, and examples (https://aims.education/study-online/r.... Riba, often misunderstood as simply "interest," is a prohibited practice in Islamic finance and banking. We'll examine the prohibition of Riba in Islamic loans, its significance in Shariah, and its mention in the Quran and Hadith. Understanding Riba is crucial in today's financial landscape, as it helps Muslims navigate the complexities of modern banking systems. We'll discuss why Riba is considered usury in Islam and why it's deemed haram. The punishment of Riba in Islam is severe, and we'll explore the reasons behind this. Through examples and explanations, we'll clarify the different types of Riba, including Riba al-Nasi'ah and Riba al-Fadl. You'll also learn about the historical context of Riba and its impact on Muslim societies. AIMS Education presents this informative video to educate and enlighten viewers on the importance of avoiding Riba in their financial transactions. By grasping the concept of Riba, Muslims can make informed decisions about their money and ensure they're living in accordance with Islamic principles. If you found this video helpful, we’d truly appreciate your positive review at: https://g.page/r/CUKd3Rvv6lYlEB0/review/ AIMS' Institute of Islamic Banking and Finance (https://aims.education/islamic-bankin...) offers: Certified Islamic Banker (CIB) - https://aims.education/islamic-bankin... Certified Islamic Finance Expert (CIFE) - https://aims.education/islamic-financ... Master Diploma in Islamic Finance (MDIF) - https://aims.education/diploma-in-isl... MBA in Islamic Banking and Finance - https://aims.education/islamic-bankin... PhD in Islamic Finance - https://aims.education/phd-islamic-fi... 🔗 Connect with us on: Facebook: 📘 / aimseducationonline LinkedIn: 🅕 / aimseducationonline X (Twitter): ✖ / educationaims #economics #economic #islamiceconomics #IslamicEconomic #IslamicEconomicSystem #AIMS #AIMSEducation #Education #elearning #Training #OnlineCourses #WhatIs #OnlineCourses #IslamicBanking #IslamicFinance #ShariahCompliant #IslamicFinancing #IslamicBankingandFinance #Banking #Finance #IslamicStudies #IslamicEducation #Islam #Interest 0:00 Introduction 0:19 What is Riba? 1:54 Prohibition of Riba in Quran and Hadith 3:33 Classification of Riba 5:29 Difference between Trade and Interest 6:04 Shariah Rules Regarding Loans