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Innehåll tillhandahållet av Debt Free Muslims. Allt poddinnehåll inklusive avsnitt, grafik och podcastbeskrivningar laddas upp och tillhandahålls direkt av Debt Free Muslims eller deras podcastplattformspartner. Om du tror att någon använder ditt upphovsrättsskyddade verk utan din tillåtelse kan du följa processen som beskrivs här https://sv.player.fm/legal.
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Episode 6 - Mufti Abdullah Nana: Apathy and the Road to Solutions for Islamic Finance

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Manage episode 37262622 series 33677
Innehåll tillhandahållet av Debt Free Muslims. Allt poddinnehåll inklusive avsnitt, grafik och podcastbeskrivningar laddas upp och tillhandahålls direkt av Debt Free Muslims eller deras podcastplattformspartner. Om du tror att någon använder ditt upphovsrättsskyddade verk utan din tillåtelse kan du följa processen som beskrivs här https://sv.player.fm/legal.

Debt Free Muslims Podcast Episode 6

http://debtfreemuslims.com/episode6

This episode is brought to you by MuslimMatters.org - Because Muslims matter.

Our guest for this episode is Mufti Abdullah Nana. He graduated with honors from UC Berkeley with a degree in Business and Economics. After accomplishing his academic goals, Abdullah Nana went on to pursue the higher Islamic Sciences in South Africa and attained a Masters-equivalent degree in Islamic Theology. Thereafter, he was specially selected to enter a legal verdicts and jurisprudential course where he graduated with Honors here as well. Abdullah Nana is a widely-accepted research scholar in the fields of Halal and Islamic Finance. He has written and translated several publications and research papers on these subjects as well. Particular to the subject of Halal, Abdullah Nana has traveled throughout North America, England, New Zealand, Australia, and South Africa to understand the standards and practices used in the Halal Industry.

In this episode we cover:

-Mufti Abdullah's background and getting into studying Islamic Finance.

-Challenges facing Islamic Finance in the US

-Shortage of Islamic Finance scholars

-The need to understand auditing and regulations

-The need for alternatives to existing finance models, and understanding that solutions are multi-faceted and everyone plays a role.

-How to deal with confusion and feelings of being overwhelmed when looking at all the difference of opinion about Islamic finance

-Putting other finance items on the radar such as estate planning and insurance.

-Islamic Insurance (Takaful) and understanding the basic objections to traditional insurance models.

-Utilizing waqf [endowment] in the takaful models.

-The concept of gharar [uncertainty] as it pertains to Islamic finance contracts

-The biggest roadblock to implementing Islamic insurance alternatives is surprisingly simply a lack of demand.

-The need to cure apathy with the Muslim community in regards to finance issues.

Links:

Lek Nana Family: http://en.wikipedia.org/wiki/Lek_Nana

Huffington Post: Imams Learning Islamic Finance - http://www.huffingtonpost.com/2011/07/22/imams-learning-islamic-fi_n_906299.html

Halal Advocates: http://www.halaladvocates.org/

Harvard Islamic Finance Seminar: http://ifp.law.harvard.edu/login/conference

Straightway Ethical: http://www.straightwayethical.com/

Follow Mufti Abdullah Nana on Twitter - https://twitter.com/MuftiAbdullah

***

If you enjoyed this podcast, please take a minute to share with a friend and RATE and SUBSCRIBE in iTunes.

ITunes Link: http://bit.ly/dfmpodcast

Stitcher Radio: http://bit.ly/dfmstitcher

Android (RSS): http://bit.ly/dfmpodcastrss

You can also visit our website and sign up for the email list to be notified of new episodes, articles, and get our FREE ebook - A Practical Guide to Debt and Personal Finance for Muslims: http://debtfreemuslims.com/get-our-free-ebook/

  continue reading

33 episoder

Artwork
iconDela
 
Manage episode 37262622 series 33677
Innehåll tillhandahållet av Debt Free Muslims. Allt poddinnehåll inklusive avsnitt, grafik och podcastbeskrivningar laddas upp och tillhandahålls direkt av Debt Free Muslims eller deras podcastplattformspartner. Om du tror att någon använder ditt upphovsrättsskyddade verk utan din tillåtelse kan du följa processen som beskrivs här https://sv.player.fm/legal.

Debt Free Muslims Podcast Episode 6

http://debtfreemuslims.com/episode6

This episode is brought to you by MuslimMatters.org - Because Muslims matter.

Our guest for this episode is Mufti Abdullah Nana. He graduated with honors from UC Berkeley with a degree in Business and Economics. After accomplishing his academic goals, Abdullah Nana went on to pursue the higher Islamic Sciences in South Africa and attained a Masters-equivalent degree in Islamic Theology. Thereafter, he was specially selected to enter a legal verdicts and jurisprudential course where he graduated with Honors here as well. Abdullah Nana is a widely-accepted research scholar in the fields of Halal and Islamic Finance. He has written and translated several publications and research papers on these subjects as well. Particular to the subject of Halal, Abdullah Nana has traveled throughout North America, England, New Zealand, Australia, and South Africa to understand the standards and practices used in the Halal Industry.

In this episode we cover:

-Mufti Abdullah's background and getting into studying Islamic Finance.

-Challenges facing Islamic Finance in the US

-Shortage of Islamic Finance scholars

-The need to understand auditing and regulations

-The need for alternatives to existing finance models, and understanding that solutions are multi-faceted and everyone plays a role.

-How to deal with confusion and feelings of being overwhelmed when looking at all the difference of opinion about Islamic finance

-Putting other finance items on the radar such as estate planning and insurance.

-Islamic Insurance (Takaful) and understanding the basic objections to traditional insurance models.

-Utilizing waqf [endowment] in the takaful models.

-The concept of gharar [uncertainty] as it pertains to Islamic finance contracts

-The biggest roadblock to implementing Islamic insurance alternatives is surprisingly simply a lack of demand.

-The need to cure apathy with the Muslim community in regards to finance issues.

Links:

Lek Nana Family: http://en.wikipedia.org/wiki/Lek_Nana

Huffington Post: Imams Learning Islamic Finance - http://www.huffingtonpost.com/2011/07/22/imams-learning-islamic-fi_n_906299.html

Halal Advocates: http://www.halaladvocates.org/

Harvard Islamic Finance Seminar: http://ifp.law.harvard.edu/login/conference

Straightway Ethical: http://www.straightwayethical.com/

Follow Mufti Abdullah Nana on Twitter - https://twitter.com/MuftiAbdullah

***

If you enjoyed this podcast, please take a minute to share with a friend and RATE and SUBSCRIBE in iTunes.

ITunes Link: http://bit.ly/dfmpodcast

Stitcher Radio: http://bit.ly/dfmstitcher

Android (RSS): http://bit.ly/dfmpodcastrss

You can also visit our website and sign up for the email list to be notified of new episodes, articles, and get our FREE ebook - A Practical Guide to Debt and Personal Finance for Muslims: http://debtfreemuslims.com/get-our-free-ebook/

  continue reading

33 episoder

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