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War on RIBA, Building Wealth and Halal Mortgages | Dr. Sajid Umar

OnePath Podcast

CHAPTER

Navigating Insurance through Islamic Principles

This chapter explores the intricacies of insurance within the context of Sharia law, highlighting how local factors influence the necessity for various types of coverage. The discussion includes personal anecdotes regarding insurance pricing and ethical considerations, particularly concerning inflated service costs and unnecessary medical procedures. It emphasizes the importance of community-based financial solutions, entrepreneurship, and collective support in order to align better with Islamic values and foster sustainable development within the Muslim community.

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