Assalaamu Alaikuum brothers and sisters,
Here we bring you another fascinating discussion on Islamic finance, a topic few of us really grasp and understand. Brother Harris Irfan is a financial insider that provides a great overview on the development and challenges with establishing halal Islamic finance options in the corrupt RIBA-based system that currently prevails.
It it so refreshingly honest for brother Harris, on the Thinking Muslim Podcast (a channel you should definitely subscribe to!), to admit there are virtually no strictly halal financing options that exist today, and that a true overhaul is needed in order to truly establish a Sharia compliant financial system. It reminds us of the hadith where our beloved Prophet Muhammad ﷺ prophesizes that “a time will come upon people when they will consume usury… whoever does not take from it will be afflicted by its dust” (Abu Dawud).
Allah protect us from the calamities of the age we are in, and strengthen the ummah to stand up to the challenges of our time with iman, steadfastness, and resilience. Ameen!
COMING UP NEXT IN SHA ALLLAH: The only statement on Palestine that needs to be made, ALLAHUAKBAR!
