Islamic Finance Research Explained: Bank Principles, History, and How It Works | IFR | Zayd Haji
#ISLAMICFINANCERESEARCH Islamic Banking & Finance Explained: Principles, History, and How It Works Welcome to our comprehensive guide on Islamic Banking and Finance, where we dive deep into the unique and ethical world of Sharia-compliant financial systems. In this video, we uncover how Islamic banks operate differently from conventional banks, focusing on ethical principles derived from Islamic law (Sharia) that promote fairness, transparency, and social justice. In today’s financial world, where interest-based lending is the norm, Islamic banks offer an alternative by strictly adhering to principles that prohibit interest (riba) and speculative transactions (gharar). Instead of charging or paying interest, Islamic banks work on profit-and-loss sharing models, asset-based financing, and ethical investment practices. Here’s what you’ll learn in this podcast: What is Islamic Banking? Understand the basics of Islamic banking, its role as a financial intermediary, and its unique approach to deposits, financing, and investments. How Islamic Banks Make Money Without Interest Discover how Islamic banks operate profitably by investing in Sharia-compliant businesses, sharing profits and risks with depositors, and providing financing through methods like Murabaha (cost-plus financing) and Ijara (leasing). Key Principles of Islamic Finance Learn about the core principles that govern Islamic finance, including the prohibition of interest, speculative transactions, and unethical practices. The Role of the Sharia Board Explore how a Sharia board of qualified Islamic scholars ensures that all banking activities comply with Sharia law, performing audits and offering guidance to maintain ethical integrity. The History and Evolution of Islamic Finance Trace the roots of Islamic finance from the time of Prophet Muhammad (peace be upon him) in Mecca and Medina, through its development over centuries, to its modern resurgence as a global financial model. Debt and Speculation in Islamic Banking Understand how Islamic finance views debt as a last resort and avoids speculative financial instruments like options, futures, and hedges, ensuring all transactions are grounded in tangible assets and fairness. This podcast is perfect for: Students: Gain insights into Islamic economics and its relevance in the modern world. Professionals: Explore how ethical finance aligns with sustainability and fairness. Curious Learners: Understand how Islamic banking is different from conventional banking and why it is growing globally. With over 200 Islamic financial institutions worldwide, including Islamic banks, investment companies, and Takaful (Islamic insurance) providers, this system is becoming increasingly significant in today’s global economy. Join us as we demystify Islamic banking and finance and show how it offers a balanced and ethical financial alternative for individuals, businesses, and governments alike. Social Media Accounts of Zayd Haji • Facebook / zaydalhaji • Instagram / zaydalhaji • LinkedIn / zaydalhaji • Twitter / zaydalhaji • YouTube / zaydhaji Zayd Haji https://g.co/kgs/22QUJk Islamic Finance Research Solutions: Economic Research: Visualgraphics | Infographics Industry Research: Visualgraphics | Infographics Company Research: Visualgraphics | Infographics www.zaydhaji.com Islamic Studies Research Solutions: Quranic Studies: Tafsir Analysis | Podcast Hadith Studies: Sahih Bukhari & Sahih Muslim | Podcast Islamic Principles: Visualgraphics | Infographics www.zaydalhaji.com
