The History & Evolution of Islamic Finance and Fiscal Reforms ft.
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- Опубліковано 12 тра 2024
- The History and Evolution of Islamic Finance ft. @AlmirColan
In this installment of the CounterNarrative we are exploring the history and heritage of Islamic Financial Strategy dating back to the reign of Caliph Umar Ibn al-Khattab and Sultan Mehmet Fatih, exploring the various ways in which they reformed official Fiscal policies to meet emerging military, economic and socio-religious needs.
We also discuss the evolution of Islamic finance in the crypto-economy.
This episode covers the following themes and topics:
➤ The Fiscal Reforms and Policies of Caliph Umar Ibn al-Khattab + Sultan Mehmet Fatih
➤ The Function and Purpose of state Trusts and Endowments for critical services
➤ The Question of Crypto currencies and digital economy vis-à-vis Islamic Economic Principals
➤ The Value of an Economy and how to secure the interests of a Muslim nation through strategy
Find Courses and Learn more about Islamic Finance and Fiscal Strategy with Pr. Almir Colan
➤ Muslim Money Matters: www.almircolan.com/
➤ Follow his UA-cam Channel: / almircolan
➤ Connect with Pr. Almir Colan www.almircolan.com/links
#Historyun #CounterNarrative #islamicfinance
Find Courses and Learn more about Islamic Finance and Fiscal Strategy with Pr. Almir Colan
➤ Muslim Money Matters: www.almircolan.com/
➤ Follow his UA-cam Channel: ua-cam.com/users/almircolan
➤ Connect with Pr. Almir Colan www.almircolan.com/links
Bro is talking about upper hand and USA talks about an even upper hand. The strongest hand is not the producers or consumers. The true upper hand is the stealing hand.
Big companies and USA steals the market and world: Especially USA gov. They also sell us their problems.
Not to mention USA gov and CIA are not going to let anyone do anything they want.
Power is higher than money.
Asalam Aleikum.
Interesting. One thing that bothers me is Alhamdulilah we know hadith Jibril but thar covers 2/5 of sharreeya, 6 pillars of iman and 5 pillars of Islam. How about what is usually agreed upon to be the other three Adab, traed, and hudud? This shows how wholesome Islam is and not just a thing in home.
These have pillars too. Adab is said to have 4, speak good or be siIent, don't get angry, want for your brother what you want 4 self and leave what doesn't concern you.
Traed has 5. No rbuh, no gambIing (Quran 5.90), unethicaI (Quran 4.29), time and place (Quran 62.9) and haram itself in hadith like dawgz, 4chen teI, znuh, idoIs & so forth. Hadith goes into detail.
Hudud protects from din, Iife, mind, f@m, and traed.
5 pillars of Islam should connect these.
We saleh at 7-10
And at being an aduIt we fast to Iearn chastity for nikah.
Why doesn't the avg. Muslim teenager know around fasting age halal money making 5 pillars?
They cant even answer if an acountent intermediating rbuh is halal or not.
The umma's excess taqlid and inability to teach others basics is know good.
Like hadith Jibril teach direction and goals of Ibadah knowing the 5 pillars of sharia should address the means.
We learn taqwa from fasting*
& chastity is apart of that.
Basic usul should be taught as well.
In worship all is haram until proven halal by Quran and sunnah, as hadith Aisha said, what doesn't have our example is rejected in 40 hadith nawawi.
Worship has 5/6 components.
Niya/intention
Makan/place
Zaman/Time
Rukn/Number
Kayf/How or order
Jince/type
Pure worship like 5 pillars have to be for Allah.
There is difference between fatwa deaIing with rights of Allah & hukm deaIing with rights of creation.
This is why in 1st Saudi kingdom different fatwas were allowed from 4 mathhabs but hukm Wise hanbali was followed.
Example a girI had to do NikA with a wali despite if she claims to be hanafi.
Things that involve fatwa generally have to be for Allah alone to my knowledge.
Things involving hukm can be worship if done with good intentions like feeding your wife & so forth. Eating with intention to get strong and worship Allah . Sleep can be 1/3 or Iife, make niyat with it.
Makan or place we have whole earth to pray on except qubur and brs as an example, but most reward is in masjid for men and home for girIs.
Zaman or time like the range of the 5 salat and not to pray sun rise, zenith, or sunset for nawafil esp.
Rukn or number, we have set number of rakats in salat, in nawafil like tarawih/qiyam layl there is leniency.
Kayf or how - hadith show us order to pray, again there is some leniency like in tarawih or witr.
Jins type of physical material, like we have to wear right clothes, you can wear a kamis or thobe as long as it's modest, there is Ieniency.
Imams can use qiyas or find leniency to help others in need like hadith one who isn't weIl can pray sitting.
Difference between Aqida and fiq is there is usually no qiyas in Aqida or pillars of iman because the unseen is just that.
As for traed the usul is simply worded but deep.
Everything is halal until proven haram, thus we see from the 5 forbidden pillars of traed.
Again but how many Muslims know this on time or offer to teach it
Why the umma does bad isn't just any ruIer, the umma itself needs to Iearn and teach others and not just rely on one person, like hadith shepherds says we are all shepherds not just ruIer - introspection. Quran 13.11, & Quran 8.60 & so forth and Surah Asr. May Allah guide us.
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AbdurRahman Hasan has a great 7 part series on this topic.
brother, you're wearing an" English tie " Can you give some information about what it represents.
Thank you for the opportunity to participate in this interview. I enjoyed it and hope your listeners found it valuable.
so appreciated that you mentioned to take into consideration of _"busimess those days"_ *Vs* _"business today"_ so many fail to use perspective.
I was not prepared for this interview. ❤❤❤
I swear this took me by surprise. I'm sending it to my dad, friends, and colleagues.
Self-sufficent economic model. My country, Somalia, has recently opened up a port in Garacad that was self-funded by the citizens, free from international institutions or NGO's. This self-sufficent model means no outside can have influence on the direction we take the port, such power comes from sufficiency, even if it is a small victory.
Africa will not remain like they kept it for last centuries,. It will grow it should, It's been kept in the dark but it has most precious & valuable items beneath the continent, Africa was pioneer on whatever we have today & so more, that's why they tried to erase their writing language & so more so they can be controlled,. Just a bit of research can open our eyes about Alkebulan.
Great points about producing and not just consuming, increasing productivity and self-sufficiency.
Nice to see Almir Colan. I love his Shepherd's Model description of Islamic Economics system.
Looking forward to the next - answers to the last question.
Class again!
بارك الله فيكم.. اللهم انصر الإسلام في كل مكان…
These concepts are extremely important and pray that we Muslims wake up to this sooner rather than later…
اللهم آمين
Jazakallah khairun ❤
Good to hear this some very productive points which are needed in our time hopefully we learn from the past the good things and steer away from the destructive divisive practices 🤲🏻⚔️
Almir Colan is a gem in this field, may Allah preserve him and reward him, ameen.
mashaAllah this brother is amazing. so clear and helpful mashaAllah. I really appreciate you @Almir Colan. Thank you Historyun for hosting him. This is what we need now biidhniAllah
0:21
اللَّهُمَّ اكْفِنِي بِحَلاَلِكَ عَنْ حَرَامِكَ وَأَغْنِنِي بِفَضْلِكَ عَمَّنْ سِوَاكَ
O Allah, suffice me with what You have allowed instead of what You have forbidden, and O Allah make me independent of all others besides You.
Such an important topic when a disbeliever nation have great power and leverage when other Muslim nations use the same type of currency or deal with trades in their currency especially when it comes to crucial commodity like oil. I truly believe the beginning of Islamicate dominance is to bypass or completely replace the dollar dominance otherwise we'll remain subservient in a cycle of never ending loop.
Assalam Alaikum Warehmatullah
Why did you deleted the old videos from Ilm Film channel?
You should try to interview Saifedeen Ammous, understand bitcoin and the monetary system.
My Ghanaian brother, how can I gain more knowledge?
30:35
This is what I need. But I was hoping to find a discord / community to share either Islamic books on finance/economics. Or a segment of that community to start "producing" ideas. Are you aware of such Islamic business incubators?
t.me/Almir_Colan
❤
brother, you're wearing an" English tie " Can you give some information about what does it represents.
I hope it didn't distract you too much. The interview was a classic and the wealth of informed gathered can be taught in a University. But you worry about a tie. Zakir Naik wears one .... what can we say about him?
@@MohamedHassan-ni6unNever mind Zakir M. hijab ali dawah and the so-called scholars deliberately showing off their ties I was asking this scholar for the "REASON " of wearing the tie do you have an answer ???
if we weigh in todays haram monetary system, which practically everyone is a part of - a most important topic.
as for armies and wars in the name of allah, this is where muslims have failed and most probably will fail in the future. personally i would not ever praise anything(war, military, arms or money and/or its systems)
the only payment is allah