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