The Lawyer Who Built UK Islamic Banking - And How He’s Fixing It | Mohammed Paracha - MMT Ep 31

In this episode, Sheikh Mohammed Paracha an accomplished Islamic finance lawyer and fintech pioneer—shares his journey from drafting groundbreaking Sharia-compliant contracts to building Nesta, a non‐bank financial institution that reimagines ethical fixed income products. He also discusses the challenges of aligning conventional financial practices with true Islamic principles while advocating for regulatory innovation and grassroots engagement.

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Show Notes:

0:00 - Islamic Finance and Fintech Opportunities

3:05 - Legal Career and Islamic Scholar Journey

12:05 - Pioneering Islamic Finance in the UK

22:10 - Breaking Ground in Islamic Finance

31:26 - Islamic Banking Feasibility Study and Challenges

39:31 - Reforming Islamic Finance and Fintech

43:22 - Innovative Sharia-Compliant Investment Platform

48:58 - Regulatory Challenges and Financial Empowerment

57:09 - Islamic Finance and Foreign Investment

1:04:54 - Innovative Approaches in Islamic Finance

1:10:31 - Islamic Finance and Entrepreneurial Insights