Islamic Finance Clinic E25 – Wisdom behind Prohibition of Riba (interest) – Case Study GFC

CLICK LINK TO CHANNEL >> Almir Colan

Assalaamu Alaikuum brothers and sisters.

We came across this amazing video by brother Almir, explaining the wisdom behind the prohibition of Riba (interest). In this particular video, he uses the 2008 Global Financial Crisis (GFC) to explain how the problem of unequal exchange of money led to such corruption and disaster. More importantly he explains and justifies Islam’s teaching on the matter as well.

It is really fascinating, and he is able to take such a complex topic and distill it in easy to understand concepts, especially for those of us not predisposed to knowledge of finances and economy. MashaAllah, it is a really informative video that help to boost your iman and understand the perfection of Allah’s legislation against Riba, and the inevitable societal destruction that it leads to.

We are excited in sha Allah to delve more into the topic of Islamic finance with future video recommendations, and be sure to check out more content from brother Almir as he has a wealth of knowledge that he has shared on his channel in the link above.

Allah keep us all on the straight path, Ameen!

COMING UP NEXT IN SHA ALLAH: More on Islamic Finance

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