What is a HALAL Economy? with Huzaifa Ahmed | Episode #02

This episode dives almost an hour deep with Hafiz Huzaifa Ahmed in discussing Islamic finance, halal mortgages, Islamic economics, banking, and investment. He's certified in Islamic Finance and works in financial accounting. Please make sure to like, share and subscribe.

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Time stamps:
00:00 - Intro
01:35 - Where do you see Islamic Finance going?
06:05 - What is money?
08:00 - Fiat vs traditional currency
10:20 - The money supply, zakat, and monetary growth
15:00 - Islamic mortgages and lending models.
19:00 - Banks always win, difference between business and lending.
22:00 - Various Islamic lending structures
25:30 - Adopting Islamic lending models in the west
26:30 - Fractional reserve banking
28:00 - How can young families buy a house
30:00 - Halal investments, stocks, ETFs, bonds, crpyto
33:30 - Pentsions, RRSP/RESP, putting money away
35:50 - Will we go back to Islamic economy? What's the future?
39:20 - How will Islamic finance work with crpytocurrencies?
42:25 - Should we fight against CBDCs, de-dollarization, social-credit systems?
46:45 - Would we go back to precious metals as currency?
49:50 - Credit cards, interest charges on balances, can we use them?
53:40 - Outro
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