Is Islamic Banking Even Possible?? with Safdar Alam

Is Islamic Banking Even Possible?? with Safdar Alam

Author: Rakaan Kayali April 10, 2022 Duration: 1:23:10

April 9, 2022.
 
In this episode we covered the following:

  • Safdar's experience with Islamic banking includes real examples of mistakes he saw
  • Does Fatwa Shopping go on in Islamic Banking?
  • What caused Safdar to become disillusioned with Islamic Banking?
  • Why did Safdar lose hope in Islamic Banking?
  • Does Islamic Banking put form over substance?
  • The problem with Sharia boards
  • Are Sukuk haram?
  • Are "Halal" or "Islamic" mortgages actually halal?
  • Would Safdar use a traditional or Islamic mortgage if he had to buy a home?
  • Hope for Islamic finance
  • Where do Muslims put their money?
  • Litmus test for products to be truly "Islamic"

#islamicfinance #islamicbanking

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Disclaimer: Anything you hear in this podcast is an opinion. It is not to be considered personalized financial advice. Make sure you do your own due diligence before making any investment decisions.


Hosted by Rakaan Kayali, The Practical Islamic Finance Podcast sits at a unique crossroads where faith meets the realities of modern money management. This isn't about abstract theory; it's a grounded conversation for anyone navigating their financial life within an Islamic framework. Each episode tackles the contemporary questions and challenges that arise when principles of halal investing, ethical business, and personal finance intersect with today's dynamic markets and news cycles. You'll hear clear discussions on how to build wealth responsibly, understand the nuances of Sharia-compliant opportunities, and make informed decisions that align with both spiritual values and practical goals. Kayali brings a focused perspective to topics ranging from everyday budgeting and debt to analyzing specific investment vehicles and broader economic trends through a principled lens. The podcast serves as a thoughtful resource for Muslims seeking actionable guidance, as well as anyone curious about the ethical dimensions of finance from this particular viewpoint. It’s a space for learning and reflection, designed to help listeners cultivate financial well-being without compromise. Tune in for straightforward dialogue that makes the often-complex world of Islamic finance accessible and immediately relevant to your life.
Author: Language: English Episodes: 361

The Practical Islamic Finance Podcast
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