Based on Harris’s discussion on the thinking Muslim on Islamic Finance, it seems as though he’s changed his view on Islamic banks, HPPs etc.

This was amazing... brief and to the point

Mashallah, finally someone who understands Islamic finance and is articulate to explain it in simple language. Harris Wasim spoke well. What’s with the colour of the curtains, strange background.

Extremely informative and superb episode. Sohail Nawaz and Harris Irfan , keep it up guys ! Looking forward to more episodes .

@sultanmf

3 жыл бұрын

Get you information from Quran snd Hadith my friend if you want to know the truth. Wait till The Imam a.s. comes and destroys their whole bogus system of deception.

Really clear!

Interest (riba) is any contractual benefit for the lender. The "Islamic" bank is making a profit by selling the house at a higher price, and that's a benefit for the lender. Therefore, that's interest

@sunset2.00

3 жыл бұрын

twisted logic . interest is not benifit.

Mashallah Allah gaid us for the good and nice economy systom,

Is there any chance this series is coming back?

Concept with a potential to change the entire Global Banking system has 5.5 k views and just 3 comments. Pop singer has 11 million subscribers and 18 million likes for a song. What’s wrong with the world???

@saeedlover2457

4 жыл бұрын

So true Subxanallah

@sunset2.00

3 жыл бұрын

most people are sheeps.

whats my headache is modern currency itself is a problem ? whats the solution for inflatuon?

I am glad that Harris Irfan explains around minute 5:00 - 6:00 that the cash flows of the halal and the haram loan can be exactly the same. So why would Allah really care which one you use?

@xcorpionxyed2078

2 жыл бұрын

He didn't mention exactly the same, he says can look the same, but they aren't the same

@roberthannah7983

2 жыл бұрын

@@xcorpionxyed2078 listen again at 5:30, Harris Irfan say "cash flows look exactly the same". In any case the Islamic bank is charging for the time value of money like any bank. The difference is the Islamic bank does the purchase and sell-back of the property, while a conventional bank takes a lien on the property. So why would Allah care? Riba was really about financial exploitation of poor illiterate debtors sold into slavery by moneylenders at the time of the prophet.

Do your best without involving riba make your investment wholesome choice tayyib choice of your life.

is there someone else watching this in 2024?

15:32 bakkhrain 🤣

If anyone wants to know about some Serious insight relating to the hot topic of Islamic Finance vs Conventional Finance, Watch this video! In my opinion, the title of the video doesn't do it justice. This video, really goes over a lot of the aspects of Islamic finance, that my content focuses on. Anyone who wants to know about Islamic Banking please watch this video. You won't be disappointed. Harris Irfan. Thank you for the jewels you shared in this video.

@alonsomoseley8738

3 жыл бұрын

It was too general and hardly anything on riba was discussed.

"importance" of Riba? You mean Riba is important?

Where are these sharia compliant lenders getting their money? In the USA they are getting their money from Fannie Mae and Freddie Mac with a interest rate.

@AndroidAndPCChannel

4 жыл бұрын

There’s nothing like sharia compliant it’s just a way to make money I don’t think interest is haram in islam

@alonsomoseley8738

4 жыл бұрын

@@AndroidAndPCChannel Interest is prohibited in all its forms in Islam

@alonsomoseley8738

3 жыл бұрын

@Kalvakuntla Akhilrao Correct. Is there anything I can help with ?

@roberthannah7983

3 жыл бұрын

@@alonsomoseley8738 Riba is prohibited, and there is lots of colourful debate about what was meant by riba. Modernists dont agree that all interest = riba.

@alonsomoseley8738

3 жыл бұрын

@k A In the Qur'an it states that all sins can be forgiven through repentance. The key question is can riba be avoided? Can you open a bank account which doesn't have riba? Buying bonds with interest is Haram so why buy in the first place? Forgiveness can be given but to remain sincere you have to take a proactive approach and avoid getting yourself into a situation where riba arises as opposed to not changing your methods and just paying out the riba when it arises. IsA that helps clarify the situation?

He has now completely changed his views about islamic banking. I dont know exactly what his motives are behind this but these things just put us in a confusing state.

Hardly anything discussed on riba