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I can't believe I just watched a simple crash course on the economic crisis. True gem

@faizeeb1

8 ай бұрын

I feel the same. Incredible!

@syedsamee5869

7 ай бұрын

❤❤❤

@SephirothVG

7 ай бұрын

You didnt....all you did was watch a man tell you the plot of Inside Job ...and he doesn't explain the most important bits because he has an agenda to push!

@omarhasan5037

7 ай бұрын

@@SephirothVGinterest is objectively bad, no amount of argumentation will justify it, taking more than what you have earned is unjust. In this day and age this world has reached such corruption that you cannot even escape the dust of interest. Even when you look at those whom want to be homeowners lose everything they have because of interest. Or property being taken away, or even students that cant pay off their loans. All kinds of interest is bad, wether it be simple or compound interest.

@SephirothVG

7 ай бұрын

@@omarhasan5037 What can be claimed without evidence can also be dismissed without evidence....aka your claim about interest being objectively bad is pointless without evidence. Interest is nothing but risk assessment. For example I am to lend out money to many different people who need that money to do something (open a business, buy a house etc..that's one of the basic functions of a bank btw..its not just a place where money is hoarded lol) and I am not 100% certain that I will get my money back. Now there are models you can follow to calculate the appropriate interest rate so that you can minimize the risk you are taking on by lending out your money. Thats more or less all what interest is and people rely on ignorance to rile others up and make money by offering bs fake knowledge. The Islamic system isn't any different btw. It just changes who holds the deed and relabels interest to RENT but you are STILL PAYING INTEREST. In modern context the deed of the house would be held by a third party and the money paid over to them but in Islamic banking the deed would be held by the bank itself and then the bank would charge rent (which is basically the payment + interest). So its not really any different..just smoke and mirrors to keep idiots occupied. Btw if you look up compound interest and see how it works...you will realise that it makes a difference but its not that big of a deal as Islamists would have you believe. If you don't believe me go take a foundational finance class yourself and LEARN for yourself how this is all calculated. I know Yale offers a free online course on Finance and it wasn't too bad....please educate yourself before you fall victim to idiots and scam artists. Btw I do agree that the student loan situation is terrible in America but thats not just because of "interest" ...its a whole can of worms I do not think I can explain right now as I already explained the basics of interest to you.

I am a greek Orthodox Christian and I wish my religion talked about this and was so strict about destroying people's lives with interest on loans may god bless you that was the best econt course I have witnessed better than anything stupid in Western Universities

@suavetemper3396

7 күн бұрын

I saw a video that said once upon a time if a person used interest, they could Not be burried in Christians grave yard….

Named one Religion Who has WONDERFUL RULES about anything in Lifes. None, except Islam.

@travisjohnson6676

5 жыл бұрын

Islam is an evil lie. Satan wrote a book and called it the Koran

@GrzegorzDurda

5 жыл бұрын

Islam was written by the Vatican to coalesce the Arabs into a unified force. MOhammed was bred and raised by the Vaticanus agents. Ahead of time they sent out messengers to the arabs saying GOD is bringing them a Messiah. The rest fills itself in. Oh yeah the same bros did the bible and the Torrah and Talmund. Religion is banking of the ancient world.

@JustTis

5 жыл бұрын

NavaIMTutorial the bible teaches and probibits the same financial codes

@tholu6142

5 жыл бұрын

Travis Johnson you talk it as you have seen it. U liar

@mahdyfo

5 жыл бұрын

many cannot tolerate the rules.

I started recently realizing that, "freedom" doesn't just amplify the good aspects of humanity, it also amplifies the awful aspects as well, you'll often hear the terms "freedom of expression" and "freedom of speech" thrown around when people talk about freedom, but never freedom of exploitation and freedom of manipulation, that's why society needs a framework of rules that aren't based on mere whims of man, but on something rigid that can't be changed...

@lillysnet9345

8 ай бұрын

Yes... because of that Aristotle was against democracy... so they kill him.

@ismaelbooq7763

7 ай бұрын

Well said akhi.

@inv693

7 ай бұрын

It's about time you read the Quran and become Muslims this is the only way and system you will ever need

@sugoi9680

7 ай бұрын

Well even expression and speech can have awful aspects to them. Originally it was meant to protect discourse but now it's just a license to mock

@sugoi9680

6 ай бұрын

@@rpt6214 France isn't better

When I thought i wanted to be a realtor, i went through the course and wanted to delve deeper into the financial aspect. I kept hitting road blocks, everywhere telling me not to worry about it, let the mortgage people deal with it. But i told them i couldn't consciously sell someone a home unless they knew exactly the math behind it. I don't think they liked me much, i eventually stopped. Now i understand the shadyness behind it!

@tranium67

Жыл бұрын

I hate when people tell u to not worry abt it so they can hide their bs.

@thunder999ful

Жыл бұрын

Absolutely amazing thaught you are a noble soul

@mikethetraveler

Жыл бұрын

Me as well! I could feel it was a Ponzi scheme of some sort when i was studying to get my license. When my best friend bought her first home and became a realtor I had an awful feeling of dread for her. It seemed like a deep betrayal. She was quite offended. I could tell it was wrong. I trusted God and did not pursue it any further. Thank God for clarity so many years later!

@inamnaufer

Жыл бұрын

Not everyone has a heart like you

@marouaneymr5644

8 ай бұрын

Islam is the only solution.

US Corporation would NEVER allow this wisdom taught in the indoctrination camps (schools) - Everyone should learn this!!!!! Thank you -I learned this on Seek Daily's channel

@KryzysX

7 ай бұрын

True

@LTC366

7 ай бұрын

Hence why the west wage war against islam

@KryzysX

7 ай бұрын

Oil, fanaticism obviously @@LTC366

@forevergamer245

7 ай бұрын

Never allow it exactly they never wanted to allow Sharia that's why they created 9/11 to give Islam a bad name

@Axxxel_in_Harlem

6 ай бұрын

​@@LTC366Ooooh good point! It's all about money! Economics is the engine that drives the world, when you really think about it!

Jazak allahu khairan brother

I watched a lot of shows and movies about housing crash. But never understood what was really gone wrong. This guy just took 5 Minutes to make me understand it. Mashallah brother

This is the kind of rules a religion from God should contain.

@yuutoyasashii5282

4 жыл бұрын

yet so many are living against it...

@asadullahkhan102

4 жыл бұрын

i hope you dont know about the American real estate market crash 2007-8

@kheiris123

4 жыл бұрын

Catch_Me_ If_You_Can he is the one that makes your cells work on your behalf.

@shahzaibahmed.

3 жыл бұрын

Oh we have the same profile picture

@nicknameformeandisla

3 жыл бұрын

@@shahzaibahmed. 🤣👑

This is best and most easily understood explanation of the housing crash I have ever seen a s heard. Thank you

@mplsridah

5 жыл бұрын

Not really. Non-Islamic prospective was not used. Nobody borrows 100k and pays 200k. Usury is not 100k. It's exaggerated

@QualityInfinite

5 жыл бұрын

He exaggerated to make the point clear. It's still true that the process used was the same.

@chrisredfield8520

5 жыл бұрын

mplsridah The loan can be doubled after 15 years. Accumulative interests can increase the borrowering.

@mplsridah

5 жыл бұрын

Interest rate can't be doubled lol

@mohamadfanyalfarisi2721

5 жыл бұрын

have you heard about the adjustable rate mortgage ?

A man once said, "When you have money and you want to make more money without the risk of losing some, what do you do? You lend it out on interest. The wealth then begins to accumulate with a small number of people (like our world is now). The poor get poorer and the rich get richer. Even if the person can't pay, the lender always gets his money."

@tc1817

3 жыл бұрын

Bullshit. The lender does not ALWAYS get their money. People take out loans to start successful businesses. Millions of people buy homes with a mortgage and pay it back easily. If you take oil out of the equation, the countries with the top GDP in the world are all non Muslim. Poverty exists everywhere even in countries with oil. Look at the shitty conditions the foreign workers in the middle east are forced to live in. Islam is not the utopia of your delusion.

@muhammadbilalkhan1649

3 жыл бұрын

​@@tc1817 Don't look at the Poor. Look at those who hold all the money. Many times you'll hear such news that the 1% hold 90% of the wealth and such (Just an example). That is all just because of this interest. And don't listen to me. Just look at what Shakespeare called interest, "a pound of flesh". "If you take oil out of the equation, the countries with the top GDP in the world are all non Muslim." Now this is another topic. I am not asking to look at countries. I am asking to look within countries. For example, the Student load issue in America. The initial load is sometimes like a 100 K while the students pay up to 300 K back. Is that good? Almost everyone in America is drowning under some sort of local debt. Credit card, student loans, mortgages. And who earns the most, the Lender. When talking about religion, only the Jews are allowed to do business with interest and an example of the verse is "It is haram for a jew to lend money on interest to another jew but he can lend it on interest to anyone else" see double standards. In Christianity and Islam interest is forbidden. Why? The condition of the world shows that. Now, the lender always get their money back. Say, I loaned some money from a bank and after a year I have paid back the principal and now only the interest (Compounding) is left and for some reason I cannot pay back. So I declare bankruptcy. The lender got his money back leaving me in ruins. And that is what happens with most people. Like if I take a loan out and give it back immediately I still have to pay like 10 20% more than I took out. "People take out loans to start successful businesses. Millions of people buy homes with a mortgage and pay it back easily." What about the unsuccessful ones? And ask these same people, what percentage of interest would you prefer 0% or 20%? What would they say? Islam presents a society which helps everyone. If a person needs money to begin a business, give him loan, without interest and no time limit of return i.e. If he is unable to return then forgiving the loan is preferred (no a command). Would a bank forgive a loan? They delay payments but never forgive. Banks of today are financial slavers. But very few people understand this. Banking is an industry rather than just a service. I can go on and on. And I am not asking you go and accept Islam as your religion. I am just stating that Interest is bad, we as humans should get rid of it. However, the commandment for Muslims in Quran is very simple, "If you are not ready to give up on Interest then prepare yourselves for a war with Allah (God) and His Messenger (S.A.W)." I hope I have made my argument clear and understandable.

@Emsyaz

3 жыл бұрын

@@tc1817 The lender will get to confiscate the borrower's assets if the borrower fails to pay off the loan. Thats how unjust usury is.

@tc1817

3 жыл бұрын

@@Emsyaz Why is it unjust? If you borrow my lawnmower and don't give it back, am I supposed to be happy about it and pretend that the machine you are using to cut your lawn is YOURS? How do I get it back? Ask nicely? What if you say "fuck you, it's mine!"

@roberthannah7983

3 жыл бұрын

@@Emsyaz Only is the borrower puts it up as collateral. if not, the lender cannot touch it.

Thank you all for your comments. We will insha'Allah upload full discussion soon because that will give you better context and deeper appreciation of these rules.

@sbghazi-portal1105

5 жыл бұрын

Assalaamualaikum, May Allah reward you for this. Please do explain the islamic banking?

@djeieakekseki2058

5 жыл бұрын

Almir Colan hi, can you make a deep solution to these problems? And what would be people's reaction and consequences after implementing Islamic banking system. Thank you!!

@samiullahshahulfat3191

5 жыл бұрын

Subscribed just by viewing the title .. we need people to bring up such issues. You are great man!

@Muhammad-hk7ft

5 жыл бұрын

‘Islamic banking is unislamic. Calling it profits doesn’t change what it is, it’s the same principle It’s a way or running away or hiding from the true and direct form of riba interest. Prophet Muhammad SAW said, a time will come where people call interest something else to make it permissible. That is Islamic banking.

@grimreaper2129

5 жыл бұрын

Almir Colan I have a question. Why would the first bank that sells the contract for 1.3b need to be insured because wouldn't they make that 300 million profit from selling instantly from the transaction. It seems that only the second bank makes losses so why does the first one get insured? Thanks.

May Allah Subhanahu wa taala grant you brother more of His fortunes and blessings and may He grant us more !!!

@saabmarine4901

5 жыл бұрын

Amen

@Recitedurood

5 жыл бұрын

SUBHAN ALLAH

@gtrjapan7511

Жыл бұрын

Im sure inshallah ❤

It really opened up my eyes! Now at least I know how "they" are scamming us! Subhane Allah! Thank you for sharing your wisdom 👍

@nadjibabed558

4 жыл бұрын

God's wisdom

Hey I'm coming on Muhammad Ali's recommendation. Nice vid.

i'm studying arabic and the qur'an many people are wondering why... why is this dude always talking about 1:1 trade? there is a specific verse in the qur'an that states the reason why riba is unjust الَّذِينَ يَأْكُلُونَ الرِّبَا لَا يَقُومُونَ إِلَّا كَمَا يَقُومُ الَّذِي يَتَخَبَّطُهُ الشَّيْطَانُ مِنَ الْمَسِّ ۚ ذَٰلِكَ بِأَنَّهُمْ قَالُوا إِنَّمَا الْبَيْعُ مِثْلُ الرِّبَا ۗ وَأَحَلَّ اللَّهُ الْبَيْعَ وَحَرَّمَ الرِّبَا ۚ فَمَن جَاءَهُ مَوْعِظَةٌ مِّن رَّبِّهِ فَانتَهَىٰ فَلَهُ مَا سَلَفَ وَأَمْرُهُ إِلَى اللَّهِ ۖ وَمَنْ عَادَ فَأُولَٰئِكَ أَصْحَابُ النَّارِ ۖ هُمْ فِيهَا خَالِدُونَ pay attention to this part: وَأَحَلَّ اللَّهُ الْبَيْعَ وَحَرَّمَ الرِّبَا wa'ahalla allahu albay3a waharrama alrribaa meaning: trade is halal while interest is haram what does this imply? why is trade halal but interest haram? it is very very simple. equitable trade is 1:1 interest is 1:2... inequality and oppression of the poor :( the practice of charging any interest is an inequality form of trade which is why it's bad i hope this helps :3

@nariamaayumu1251

4 жыл бұрын

本刀にهُنْطُ نِクスノギ کُسُنُگِ where are you from?

@gillgil9163

4 жыл бұрын

Why don't Muslims start or work in banks so that they can provide loan with no interest and better serve the community

@edenhazard4268

4 жыл бұрын

@@gillgil9163 They do afaik

@Saeid.Musawi313

4 жыл бұрын

Gill Gil I heard there are some Islamic banks around the world where they don’t take interest

@roberthannah7983

4 жыл бұрын

@dda shk Actually rich people made their money in business.

Many have thousands in debt, but homeless people, who are thought to be poor, owe nothing, so they aren't as poor as some people think.

@Treeesmith

5 жыл бұрын

They are truly free at least The fact that many are ex-services who after giving their reality to their country are dumped with no fucks given is beyond heartless Warms my heart to see such compassion from our dear leaders as they make it illegal to be homeless...

@jamessheppard4372

5 жыл бұрын

Yup

@abdulrehman-md1nx

3 жыл бұрын

i think gypsies are more better than homeless .gypsies has families move around from time to time have low standards .truly free from big liabilities

Finally, I understand Collateral Debt Obligations (Derivatives), Sub-prime crisis and it root cause. جزاك الله خيرا

Masha Allah, beautifully explained, this is why riba is major sin not minor,it destroys society's poorest for the benefit of the rich bankers

That's why Islamic banking system is introduced dramatically

This has cleared many confusing concepts. Thanks

@morgan0__o

4 жыл бұрын

@@catch_me_if_you_can6596 We don't share nor do we take the needs of the higher elites more importantly, in Islam all Muslims are equal, only not in their deeds

@ayanoitami7163

4 жыл бұрын

@@catch_me_if_you_can6596 at least our Master is not hoomaann Allah is the Most Gracious and the Most Merciful And we believe in the afterlife

@MegaFarkh

4 жыл бұрын

@@catch_me_if_you_can6596 read about Zakkah, Islam it is his own thing, something perfect between capitalism and communism.

@ahmedhajwani8980

4 жыл бұрын

@@catch_me_if_you_can6596 yeah still billion times better than capitalism where just 100 people in this world have enough money to feed the whole world still billions of people are homeless and starving to death.

@astalavista945

4 жыл бұрын

@@catch_me_if_you_can6596 If you're gonna be a simpleton, why are you even here. Islamic finance (part of Islam not Islam that you can't even fathom smh) is right in the middle if you're gonna measure on this axis. Watch his podcast maybe you'll grow wiser.

Muslim lantern guided me here. Mnshllh

@Abu_Tuesday

8 ай бұрын

Allah guided you through muslim lantern

Excellent lecture! Have seen movies on financial crises but never understood the concept of CDO and subprime loans before I saw your explanation! Thanks!

Islam treats the roots of evil. Thank you so much for that great lesson. Jzkh 🙏

Almost brought me to tears! Alhamdulillah for Islam. Surely, a lot of people have eyes but they don't see or don't want to see! Alhamdulillah, and InshAllah I am not one of them. Alhamdulillah!

What a simple and accurate explanation of the way banking system works around mortgages and the explanation of the 2007-8 financial crisis. Kudos Almir!!

Having learnt Fiqh muamalah makes me more realize, how great is Allah making rules to make each person don't do dhalim to other person and csociety at large. Masha Allah

Thanks for clarifying this, imma go and share it to my friends because many of them don't know about this!

The concept of Qard al-hasan looks good on papers but if we look around in our society no one gives such loans.

@itsmeagain1415

4 ай бұрын

Yes, of course what do you expect from the society that is already drowned in the Bank loaning business!!!

@SubhanAIS

14 күн бұрын

Wrong assessment. It's given all the time but the idea itself is not to publicise such deeds. Also in Western world this happens when a relative gives soft loan for business startup.

as muslim in UK for 20 years, I am still paying rent because Islam has prohibited me to not deal in interests.

@mahaawaryaa2871

3 жыл бұрын

Why do you need a house there. Why not build one in Pakistan

@juicy_wewe8114

8 ай бұрын

@@mahaawaryaa2871You realise he can be British and Muslim at the same time right? Besides your motherfuckers colonised a lot of people so if you find people of other ethnicities don’t complain they have all the right to be in the UK if you did not want them in your country you should have never colonized them to begin with

@raafeyplayz7015

8 ай бұрын

@@mahaawaryaa2871😂lmao prob cuz he has a job there? Family? Social life? Education? Maybe think for a bit before asking something that dumb.

@shaqirisquarepants8940

8 ай бұрын

I'm still paying rent and If I have to do it my whole life then I will. Owning property is not even on my mind. And I feel so relieved and stress free. I see all the worries and concerns people have is when they own things they have more things to worry about more loans to pay etc. For me I focus on building my house in jannah

@vectorsahel5420

8 ай бұрын

​@@shaqirisquarepants8940Alhamdulillah brother, very beautiful words. May Allah (SWT) grant you a beautiful house in Jannah. Ameen.

Selamun Aleykum sir...this video is five years old now and i see it on 2023 somehow for some reason....thanks for the brief explanations...Regards from Ankara / TURKIYE...

Masha'Allah, beautifully explained sir. Islam has the solution to all our problems.

Amhamdullilah may Allah reward you bros. Almir. I learned more about mortgage and finance and banking in 30 min. Through you than my entire years of schooling.

This is the best ever explanation about Riba(illigal interest or usury) I have ever heard. May Allah reward you dear brother.

@valuebuck4987

7 ай бұрын

The prohibition of Riba (interest or usury) in Islam is based on a deep and comprehensive understanding of economic, social, and ethical principles. It is derived from the Quran and the Hadith (sayings and actions of the Prophet Muhammad) and serves as a fundamental concept in Islamic finance and economic ethics. The wisdom behind the prohibition of Riba is multifaceted and can be elaborated on intensively: 1. **Economic Justice:** Riba exploits the vulnerable by extracting unjust gains from those in financial need. Islamic teachings emphasize economic justice, ensuring that wealth is distributed equitably and that the economically weaker segments of society are protected. 2. **Social Welfare:** The prohibition of Riba contributes to social welfare by discouraging economic inequality. Accumulation of wealth through interest-bearing transactions can lead to a concentration of resources in the hands of a few, while impoverishing others. Islam encourages wealth circulation for the benefit of society as a whole. 3. **Preservation of Human Dignity:** Riba is seen as an affront to human dignity because it can lead to debt bondage and exploitation. In Islam, the dignity and well-being of individuals are paramount, and usury undermines these principles. 4. **Economic Stability:** The charging of interest can lead to economic instability by encouraging speculative behavior and excessive debt. The Islamic prohibition of Riba promotes responsible and stable economic practices. 5. **Ethical Considerations:** Islamic finance is rooted in ethical values, and the prohibition of Riba aligns with principles of honesty, fairness, and transparency. Transactions based on mutual benefit and shared risk are encouraged. 6. **Spiritual Growth:** Avoiding Riba is considered an act of piety and obedience to Allah's command. It reflects the idea that one's economic activities should be in harmony with one's spiritual beliefs, fostering a sense of responsibility and ethical conduct. 7. **Wealth Creation through Real Economic Activity:** Islamic finance encourages wealth creation through real economic activities, investments, and entrepreneurship rather than through speculative and exploitative financial practices. This approach promotes sustainable economic growth. 8. **Social Solidarity:** Riba-free finance promotes social solidarity and cooperation. Islamic financial instruments often involve risk-sharing arrangements that encourage cooperation among individuals and businesses. 9. **Legal Certainty and Fair Contracts:** In Islamic finance, contracts must be clear, fair, and free from ambiguity. This ensures that all parties understand the terms and conditions, fostering trust and reducing the potential for disputes. 10. **Long-Term Economic Stability:** By discouraging excessive debt and speculation, the prohibition of Riba contributes to long-term economic stability and resilience, reducing the likelihood of financial crises. In summary, the prohibition of Riba in Islam is not merely a legal restriction; it embodies a profound ethical and economic philosophy aimed at promoting justice, social welfare, ethical conduct, and economic stability. It reflects a holistic approach to financial and economic matters that seeks to align human activities with moral and spiritual principles. LET ME KNOW IF I NEED TO FIX SOMETHING IN THIS COMMENT

Just come here from The Muslim Lantern thank you for the great work

Allahu akbar! Jazaak Allahu khair, brother for explaining the miracle in the rules of riba. Baarakallahu feek.

ma shaa Allah .... Great explanation for this finance trick of real-estate and mortgage .... May Allah bless you Almir Colan ...

wow Sir, how beautifully you teach us this beautiful rule of Islam....

Masha'allah, a clear explanation of the subprime loan fraud and how application of Islamic finance rules would have prevented such economic crimes from ever happening.

Mashallah brother I have never seen such an amazing explanation of this complicated concept.

O my brother, I love you for the sake of Allah and Deen of Allah. what an amazing lecture and how simplified it is. May Allah grant you Jaza-al-khair for all this effort. I am going to watch your other videos as well cuz I have some questions regarding forex trading and some other finance issues. If I find those great if not will contact you for your opinion.

I learnt lot of things, I never had thought of them. Allah bless yew!

Save this video and this man at any cost ! this video might get down at any moment . amazing eyeopener and just scratched the surface of huge disaster mountain.

@AlmirColan

7 ай бұрын

Check out this one😉 kzread.info/dash/bejne/Y2x6rMmRmtS9YNo.htmlsi=KZzyZ_lT91IU1xq8

MashAllah Alhamdulillah thank you for the beautiful explanation of prohibition of riba in Islam. Please upload more videos like this. I am eager to learn more.

Hi Almir, very good explanation of Riba. Thank you for this great upload, you're moving mountains with this kind of work!

Actually the banks don't need to have 1billion dollars to lend. In best case scenario they approx 5% of that. They make money out of nothing.

@OnderG

5 жыл бұрын

Yeah and this is the main flaw in the system. Too much profit for tiny initial investment and tiny tiny work accomplished for it. And unfortunately, this is not just a bug in the system but an intentionally arranged system for the benefit of the elites. Otherwise, I don't think it would be difficult to sort out the main problem.

@nickjohn2051

5 жыл бұрын

Bullshit. Fractional reserve banking is conspiracy theory, not based on grounded fact. Read more about monetary supply like M1, M2, and M3.

@omar6299

5 жыл бұрын

@@nickjohn2051 hahahaha good one. It's not about theorys it's about maths.

@nickjohn2051

5 жыл бұрын

What maths?. To answer the context, refer here the relationship between interest rate and inflation: www.investopedia.com/ask/answers/12/inflation-interest-rate-relationship.asp There is a reason why central banks don't prefer to give 0% interest rate. Well to avoid hyperinflation. en.wikipedia.org/wiki/Hyperinflation

@omar6299

5 жыл бұрын

@@nickjohn2051 you seem almost smart with this nonsense

As some of you might know we have started Islamic finance podcast 🎤🎧at this Chanel so check it out to learn more

@kenankoric1378

4 жыл бұрын

Masallah Almire da te Allah nagradi svakim hajrom . Treba vise ovakvih prezentacija jer ja evo studiram na efsa.unsa i na predmetu bankarstvo prezentiraju banku kao nesto bez cega se ne moze , i naravno nijedan drugi sistem ne valja osim njihovog jer banka je ustanova koja skuplja novac i djeli ga i kao opravdano je sto uzimaju tolike kamate . Uglavnom nedostaje predmeta poput islamske ekonomije na ovim nasim drzavnim fakultetima i ovakve vrste predavanja da ljudi vide da ima nesto i vise osim ovakvog sistema vrijednosti.

@wanderingwonderer5442

4 жыл бұрын

There's something that's not quite clear to me. If the banks sell their CDO, why would they then need to insure against it falling in value? Why would the CDO continue to be their liability even after it is sold?

@voiceforjusticeandproporti5543

4 жыл бұрын

Almir, what is the mechanics of how one to one exchange would be different?...

@AlmirColan

4 жыл бұрын

VoiceForJustice AndProportionalResponse check out this kzread.info/dash/bejne/dZN71MpymLzPnKg.html

@dujismedia8131

4 жыл бұрын

Almir Colan can you please help me in written form I would have preferr to read Thank you

May Allah bless you brother for your nice explaintion you I finally got it

Thank you so much. jazakALLAAHu Khaiyran Brother. May ALLAAH Izz Wa Jal, saves us from all kinds of Riba.

Beautiful explanation, thank you for clearing up my doubts, god bless!

Thanks for putting light on heinous system of interest.

Thank you Almir for this beautiful explanation

Loved It.Thank You For Making Me Better Understand Islam. :)

@unieboy5

4 жыл бұрын

@@catch_me_if_you_can6596 If only your intelligence level were high enough to know that Islam is a religion and communism does not make room for any religion in its system, you would realize how stupid that statement makes you look.

So good to hear from you.its good understand this

this is the video i have been searching for!! thank youuu

@Kassemgr12

4 жыл бұрын

kzread.info/dash/bejne/Z3p8mMiRmK6wXbw.html

Never seen CDOs explained so clearly. Thank you

May Allah subhanehu we teala rewards you with His best rewards brother Almir, for this excellent explanation of the riba! Selam from Albania brother

Thank you for this great and understandable lecture.

JazakAllahu Khair for this beneficial video. Very insightful.

Amazing explanation this will make anyone who wants to understand by logic why riba is probithed . Mashallah I got to find your wonderful explanation I'll share to a brother or two .

Excellent. I have always been against interest and this explains the evils of it

Salam alaykum to new visitors. You can find links to my Islamic Finance podcast and social media at www.almircolan.com/links

@laraandrews9710

8 ай бұрын

Epic

@macsoylu1076

8 ай бұрын

Riba is not interest ; interest is halal but riba is haram Here is example : ın turkey inflstion ratio is 65 percent and bank interest ratio is 40 percent This means if i gave my friend 10 k dollars debt next year he should gave me 17 k dollars back to me , so if i can buy the same thing that i can buy one year before , if he gave me 10 k back actually he is gaving less money . Not good for me. İts better good for him to go to the bank Many eurpean countries like denmark have negative interest … So what is riba ; riba is like LOAN SHARK’s ratio. What do loan shark if he gaves you 10k dollars next year he took like 2 times more money. This is haram. İ know a person you go to him he takes your credit card and pass it from pos lets say 10k - than gaves you 5 k dollars. This haram he is loan sharker -- Lets come to Muhammed sAW times ; in thos time they do not have goverment they do not have economics system no rules no banks etc . İf someone gave carpets as dept to someone so other can sale and make profit and gave money back but if he cant pay back the carpets what happens he gaves his wife as a concubine/slave to other enough nooo plus he have to gave house etc …. This is haram this is riba this is loan sharking --- Some people take dollars/euros or gold as a dept becuse not want to mess with interest. This is even worser . Why ? Lets say my friend changed his 40 gram gold and gave me dept. That time one gram gold was 1050 turkish lira , next year one gram gold become 2400 turkish lira so to pay back 40 gram gold is worser than interest ---- Conclusion if the inflation ratio is higher than bank interest ratio in your country interest is halal ---- My bacholar master anddoctorates degree phd are all on economics , i am religious during my childhoold i went to madrasah BUT i know how to use my brain , i use my brain also to eliminate what is mixed as islam but actually 13th century arabic culture

@djelasrca8091

8 ай бұрын

Mašallah. Allah te nagradio

@crazychicken8290

8 ай бұрын

jazakullahu khayrun

@crazychicken8290

8 ай бұрын

Is insurance haram?

Subhan Allah!!! Understood this explanation...was looking for something like this!! jazakallah khairan!!!

That is the greatness of Islam thank you bro for u r explanation

Had to give you a thumbs up bro. Fadil Xheka

I have done some research on these causes of the 2008 housing collapse and down turn but this is the best explanation. Often we hear recession or inflation in economies of the world, at the moment Argentina and Venezuela (with the worlds largest reserve of oil) are on a downturn. The root cause for all these ills is the ingrained system of interest.

simplest yet the best explanation ever. i watched a movie on that but I didn't get how some profit from others lose and how things has gone down. watched a lot utubes, read some articles but they couldn't explain yet this guy unfolded so well, i think 6 yo kid can understand

wow, very clear explanation. please explain the finance like this so that people understand what is going on

Alhamdulillah hvala brate za ovo ❤️

Debt is slavery: And voulanteer slaves never rebel thats what is interst meant. (interest=inner+arrest).

@Zain-ul-Abdin_Rajput

4 жыл бұрын

@Polako Polakovic there is like infinite difference between the slave of a banker who is exploiting and using you as a resource and the slave of the most merciful and most just God who is the owner of literally everything and can do everything but still won't do injustice to you because that is how merciful He is.

@Zain-ul-Abdin_Rajput

4 жыл бұрын

@Polako Polakovic Judging Islam without even basic knowledge of it. Ignorance at its finest. Muslims don't need to answer to any mulla or sheikh. Slavery to priests and church is the way of christians. In Islam every man is a priest and every woman is a nun and we answer only to God. And for your knowledge, Suicide is a major sin in Islam and so is killing ANY innocent human being. So stop being a sheep and stop believing every single thing which media tells you.

@mohamedomar-pj2tp

4 жыл бұрын

@Polako Polakovic You have a biased knowledge of Islam try to be objective or you are just a troll.

@Zain-ul-Abdin_Rajput

4 жыл бұрын

@Polako Polakovic where does Quran says that killing non muslims for no reason will give you paradise?

@Zain-ul-Abdin_Rajput

4 жыл бұрын

@Polako Polakovic its pretty clear because you said so? Who are you trying to fool? You are only fooling yourself.

Wonderful explanation for the US Housing Market Crash, the Monstrous Greed behind derivatives, and how it all can be prevented through implementing Islamic Guidelines !

Baraak Allah feek brother. Easy to understand and beautifully spoken.

that is why allaah made it haram of riba ones you involve you live would become miserable

@worfoz

5 жыл бұрын

muhammed created alla and muhammed did not understand economy I would not believe this man life has become much less miserable because we in the west do many haram things, like questioning the truth of islam and replacing it worth science Hunger, famines, wars, terror and injustice make life miserable, riba creates money and is very beneficial to mankind we are wealthy and we grow old because of the haram things we do, proving islam is fake and rejecting muhammed is good

@Leto2ndAtreides

5 жыл бұрын

And so Muslim countries have never really achieved all that much or contributed very much to the world. The Abbassid empire making some contribution to science was mostly because of old Persian influence and culture rising for a bit. Once the Abbassids fell, Muslims never really did much again.

@Leto2ndAtreides

5 жыл бұрын

@KHALIIL01 There's almost no way for an advanced civilization to function without s proper banking system, as well as many other financial tools. Pretty much all Muslim countries have interest, even if they cloak it in some nonsense to make it seem religiously correct. Islam was not meant to support a modern civilization.

@albak6552

4 жыл бұрын

Leto2ndAtreides just because the base of the modern banking system is interest, doesn’t mean interest is the ONLY way to have a proper banking system. They way the banking system is right now it can’t stand without interest. But in another model where it doesn’t need interest it can stand on its own still. Chill, and stop saying stuff you have half knowledge about. Muslim countries are not following Islam we know, every people have a high and low time. Today is the high time of the west, but even that we see is declining. You are not the epitome and center of the world, you will have your fall just as you had a rise. Islamic civilization ruled supreme for a thousand years but even that didn’t last. It will come back though. I don’t know why you can’t morally accept interest is not just, and the difference between rich and poor is increasing day by day. Don’t be a slave to the system which doesn’t care about you, and only wants you’re obedience and money. Islam and religion is supposed to free you, our creator wants us free from the shackles of this world, and see the truth lies beyond this limited material life, we should be the masters of the material not the material be our masters.

@mrsformoli7872

4 жыл бұрын

@@albak6552 well said

Spot on. So easy to understand the house crunch and nastiness behind fancy words like CDO and derivatives. JazakAllah Brother Almir.

A good easy to understand explanation. Thanks

Perfect explanation. JazakAllah

Perhaps why many hate even the term sharia so much.

@Surayahti

4 жыл бұрын

@Islam Safari the term 'sharia' comes from the root word 'way'... It refers to the laws derived from the Quran and from the life of Prophet Mohamed through what is referred to as the Hadith. Most of the laws you see today (even Western countries) are actually derived from sharia or from the "maqasid al shariah" at least.... I recommend doing some research on this term "maqasid al shariah" and you will be pleasantly surprised.

@andalusiaverroes365

4 жыл бұрын

@Islam Safari so what?

Great explanation! This is only 1 reason why not to get in contact with riba. Riba makes rich people more rich, and poor people will stay poor. You forgot to tell the people where the money goes when they take loans, it stays at the bank so they can keep giving loans and earn unlimited amounts of money. (ofc they have "regulations" but they make unlimited money, trust me) What Allah swt tells us, we already have to know that Allah swt tells us the truth, we don't have to investigate.

This was an exceptional presentation. Thank you!

Alhumdulillah that there are people like you. May Allah tala protect you and may you always have His mercy. Ameen Absolutely stunning insights

Thank you very much for friendly and easy to understand explanation, may Allah bless you with every goodness in this world and akhirah😊

May Allah bless you with more knowledge nd wisdom nd help you guiding the Muslim society in a better way Jazakallah khairan for this video it’s a real help

@Recitedurood

5 жыл бұрын

JAZAK ALLAH KHAIR

I continually come back to this video to find wisdom

Thank you ,God bless you

Wow, well explained! Love from America 🇺🇸

although its not very short video but the explanation of interest/riba with example is very simple. I believe, it's understandable for an average person. Keep making this kind of simple video about finance & other topics. May Allah(swt) bless you.

He explained "The Big Short" in a nutshell. Helped me understand it better.

The beginning of the video is really needed, those dollar sign he is pointing at on top shows that there was something said about it

One day my bank offer me 25k with smiling face ..and said pay when ever u wana pay back very easy installment but with tini intresrt.i asked them why u r giving me this .they said cuz I have good score .I asked them thank you but instead of giving me this amount .please issue me a free cheque book and do not charge me monthly 5$ fees ..😆

@roberthannah7983

3 жыл бұрын

you are right to ask for that. The loan guy has to tell his boss he booked a loan today.

Allah protect you...

The best explanation so far. Thumbs up brother almir and wish you good health

Thanks brother . is a complex subject in the quran . May Allah Protect us all

Jazakumulla sir, as a Chartered accountant, I enjoyed your whole video. Deep explanation and insight

@SephirothVG

7 ай бұрын

If listening to him while being an accountant didn't ring any alarm bells then I am sorry to say that your institution failed you as you do not even understand risk which is the basis of interest. I would also question how comprehensive my education and useful my education is if I dont even know the fundamentals....because that to me signals that's its something that can be easily automated.

@faizpatel5265

7 ай бұрын

@@SephirothVG 🤔

I am the one of the victim of this system.. i bought house in noida india on loan and have been paying huge amount of intrest but the cost of my flat after 7 years is not increase by even 5 % of intrest that i paid to bank so far

@shaheryarkhan1652

3 жыл бұрын

May Allah bless you with ease and solutions to your problems

@roberthannah7983

3 жыл бұрын

what interest rate do you pay?

Very well explained! Please keep up the good work ... Would love to see videos from your Channel about how people can break free from this system of FINANCIAL SLAVERY ... What are the viable alternatives left in today's world? Thank you

Subhanallah! This is Amazing!

thank you .. this is such a great explanation .. I really want more of these ^^

That’s the justice of Allah ST. Our lord does not want injustice done upon each other by us. We are suppose to all prosper and thrive in this world but we can’t because of these evil people and evil system.

@jewelsofquran6265

3 жыл бұрын

True..alhamdulillah!

Woooooooooow❤️❤️❤️❤️ I'm delighted. What a beautiful educational video. Thank you very much.