18min chapter

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Harris Irfan | Islamic Banking is an Oxymoron, Bitcoin for the Khilafah, Overthrowing the System

IslamicFinanceGuru Podcasts

CHAPTER

Innovations and Criticisms in Islamic Finance

Exploring the speaker's journey in Islamic finance, from pioneering innovative products at Deutsche Bank to critiquing the flaws in the current Islamic banking system. The chapter discusses the need for a shift towards equity-based financing, challenges in hiring individuals for Islamic banking, and the systemic flaws perpetuated by established financial institutions. It also delves into the limitations of the modern economic system and the disparity in wealth creation, highlighting the need for a more principled approach to banking.

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