
103. Islamic Finance and Bitcoin with Safdar Alam
The Bitcoin Standard Podcast
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Do You Think It's Better to Use Regular Banks?
If you're into islamic finness, like, if you just go to your regular, non islamic bank and compare the rates, you're basically paying an islamic premium. So my position is that eslambe bank, slamby banks are built on interest t they have to be. And it's a choice. They've made that choice. Most muslems don't know how banks run, creation works and howad in intor bank money markets work. For most moslem, our interaction with islamic banking is that it's been deemed to be halla and permissible. But they have allined themselves with scholars, that scholars have to give approval on
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