What is Riba/Interest in Islamic Finance and Is Interest Allowed in Islam?

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  • Опубліковано 19 січ 2025

КОМЕНТАРІ • 19

  • @nanahauwabello17
    @nanahauwabello17 Місяць тому

    please make a video of Islamic ownership of assets, debt as an asset, and things to consider when seeking funding for a business at a small scale and larger scale enterprise.

  • @KamilChraibi-l5p
    @KamilChraibi-l5p 7 місяців тому

    Thank you, exactly what I was looking for.

  • @nanahauwabello17
    @nanahauwabello17 Місяць тому

    Do you have any videos or resources on different kinds of loans that are permissible in Islamic Finance explaining their structure and why it is viable in global economy and an honest venture Islamically?

  • @ridwanulahianimasahun2684
    @ridwanulahianimasahun2684 Рік тому +1

    Thank you for this video! Quick question please - Is it Haram to work within the credit risk division of an investment bank?

  • @BigmanDingle
    @BigmanDingle 7 місяців тому +1

    Would a canadan tax feee savings account/investments/day trading beconsiderend riba. I would the cash back on a tfsa be riba?

    • @CertifiedTalks
      @CertifiedTalks  7 місяців тому +2

      Trading is ok, I have a video on how to make sure it's shariah compliant. The cashback is allowed if your account is shariah compliant and making sure it's invested appropriately

  • @FazalKhan-up4vt
    @FazalKhan-up4vt 5 місяців тому +1

    I bought house mortgage wat shall one payed of the house how much shall I give to charity from interest I payed

    • @CertifiedTalks
      @CertifiedTalks  5 місяців тому +1

      That’s not really how it works tbh otherwise we can do several interest transactions and then just pay the penalty. You have the mortgage now, make an intention to not engage in any new riba transactions, pay excess off as soon as possible even if there’s a penalty.

  • @saintaugustin7722
    @saintaugustin7722 Рік тому

    Love the videos man, can you make something for uni dropouts who want to make it in finance?

    • @CertifiedTalks
      @CertifiedTalks  Рік тому +1

      Thanks for the support! You mean a video on finance careers you can do without a degree?

    • @saintaugustin7722
      @saintaugustin7722 Рік тому

      Yes, please if you could!@@CertifiedTalks

  • @jichhuu
    @jichhuu 8 місяців тому

    can i ask if i put my money in a savings account and overtime the bank increases my money overtime is it considered riba

    • @CertifiedTalks
      @CertifiedTalks  8 місяців тому

      You'll have to give more information. Are they giving you the money for free? Is there a contract where they give you a fixed amount? Etc

    • @jichhuu
      @jichhuu 8 місяців тому +1

      @@CertifiedTalks like in a regular saving account i had put in a certain amount of money into it and the bank overtime added money into my account im not sure if its interest or not it wasnt a contract or anything

    • @CertifiedTalks
      @CertifiedTalks  8 місяців тому +2

      Savings account differ from non savings account because they pay interest

    • @jichhuu
      @jichhuu 8 місяців тому +1

      @@CertifiedTalks oh okay thank youu