How ISLAMIC Is Islamic Finance? | Najib Al Aswad - MMT Ep 33

In this episode of Muslim Money Talk, host Areeb Siddiqui is joined by Najib Al-Aswad, Director at IFAAS, and co-host Ali Siddiqui to discuss the intricacies of Islamic finance. They delve into whether Islamic finance is truly different from conventional finance, the challenges it faces in the UK, and why misconceptions persist. The conversation explores regulatory hurdles, awareness gaps, and the role of Sharia scholars in defining what is truly compliant.

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Show Notes:

0:00- Opening

10:53 -Comparing Islamic Windows in Conventional Banks

16:56 - Evolution of Islamic Finance Principles

31:53 - Challenges in Islamic Finance Marketing

41:56 - Embracing Islamic Finance for All

51:29 - Navigating Sharia Compliance in the UK