Why Islamic Finance Is Losing Its Purpose | Ep. 80 скачать в хорошем качестве

Why Islamic Finance Is Losing Its Purpose | Ep. 80

Islamic finance is now a multi-trillion-dollar industry. But has it drifted away from what it was meant to achieve? In this episode of Majlis & Markets, we’re joined by Harris Irfan, CEO and co-founder of Cordoba Capital Markets, to unpack why Islamic finance struggles to reform, why the system resists meaningful change and whether a healthier, partnership-based alternative can realistically emerge. We discuss why blind support for an established industry is unhealthy, how asymmetric financial relationships undermine economic justice, and why investors may increasingly gravitate towards alternative models that better align with their values. From Islamic finance standards and regulation to Bitcoin, crypto, and ethical investment, this is a wide-ranging conversation about incentives, power, and purpose. This is not a conversation about outrage. It’s about systems, markets, and whether Islamic finance can still deliver on its original promise. 🔍 Topics covered Why Islamic finance struggles to change Has the industry lost its purpose? Partnership-based finance vs asymmetric relationships Ethical investment and economic justice AAOIFI standards and enforceability Bitcoin, crypto, and alternative financial systems The future of Islamic finance in the UK 👤 Guest Harris Irfan Founder, Cordoba Capital Markets 🌐 https://ccmkts.com/ 🐦 https://x.com/harris_irfan 🔗 Related episodes 🎙️ Halal or Hype? Demystifying Islamic Finance (Ep. 7) A foundational conversation with Harris Irfan on the promises and pitfalls of Islamic finance 👉 https://majlisandmarkets.buzzsprout.c... 🎙️ Setting the Standard: AAOIFI’s Impact on Islamic Finance (Ep. 49) A deep dive into regulation and standard-setting with Omar Ansari 👉 https://majlisandmarkets.buzzsprout.c... ⏱️ Chapters 0:00 Intro 1:48 The current state of Islamic finance 4:12 AI’s role in Islamic finance 8:35 Quality of growth in Islamic finance 10:50 AAOIFI Sharia Standard 62 15:27 Enforceability challenges 17:57 Industry support for SS62 20:27 Asset-backed vs asset-based structures 23:41 AAOIFI credibility 24:53 Investor returns 27:24 Returns vs social good 29:37 Islamic economies and global institutions 33:10 CBDCs vs stablecoins 37:27 Bitcoin and market resilience 41:11 Skepticism towards crypto 43:33 The future of UK Islamic finance 47:22 Maqasid al-Shariah efforts 🎧 Listen on audio Available on all major podcast platforms or listen here: 👉 https://majlisandmarkets.buzzsprout.com/ 🔔 Follow for more conversations on Islamic & global markets 🎥 YouTube:    / @majlismarketspod   💼 LinkedIn: https://lnkd.in/eXKNRVcF 🐦 X (Twitter): https://x.com/MajlisMarkets 📸 Instagram:   / majlismarkets   🎵 TikTok:   / majlis.markets   Islamic finance, ethical investment, partnership-based finance, AAOIFI, Bitcoin, alternative finance, Islamic economics, Sharia finance, global markets, financial reform