The Practical Islamic Finance Podcast

What's the point of Islamic finance anyway? with Humayon Dar

March 29, 2023 Rakaan Kayali
The Practical Islamic Finance Podcast
What's the point of Islamic finance anyway? with Humayon Dar
Show Notes

Thanks for watching our video: What's the point of Islamic finance anyway? with Humayon Dar

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In this video we covered:

00:00 Guest Intro
06:27 What the heck is wa'd? and why aren't we just calling them futures?
09:06 Example of wa'd
12:44 What's the point of replicating traditional financial products?
19:07 So what is the purpose of Islamic Finance in your mind?
22:18 Is halal meat just in name only with no purpose?
24:14 Islamic mortgages
27:29 The logic behind halal and haram
31:17 Difference between a conventional mortgage and Islamic one
36:02 Failures of Islamic banks
38:48 The road ahead for Islamic banks
45:31 Advice for people who are looking for Islamic finance products or perhaps people who wanna work in Islamic finance?
50:13 Is murabaha halal?
53:19 lottery to help islamic finance??
01:04:17 wrap up