Islamic Finance Explained - Wisdom behind Prohibition of Riba (interest) w. Almir Colan
I had a big privilige to interview Almir Colan, who’s a Director of the Australian Centre for Islamic Finance (AUSCIF) and CEO at Olive Investments.
I believe that today’s podcast episode is the most important one for the Muslim and non-Muslim community because we’re going to dive deep into Islamic finance.
Some of the topics that we discuss include: what is Riba (interest) and why is it prohibited in Islam, how does Islamic bank issue a mortgage or a loan, why did the global financial crisis happen in 2008, is Islam capitalistic or socialistic, and much more.
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