1. Introduction to Contracts & Transactions | Islamic Finance 101

Welcome to Islamic Finance 101, a short course designed to introduce you to the essential concepts of Islamic finance. In this first episode, we cover the fundamentals of Islamic finance, the importance of earning a livelihood, and dive into the Islamic law of contracts and business transactions. You’ll learn about the different types of transactions, ownership categories, and key conditions within contracts that shape ethical financial practices in Islam. This series will insha'Allah equip you with the knowledge to understand Islamic finance from the ground up. Stay tuned for the next episode!

For additional resources, course assessments to test your understanding, and to earn the Islamic Finance 101 certificate, join the Muslim Money Matters platform.

➡️ Join MMM platform at https://www.muslimmoneymatters.com

Key topics:
0:00 Introduction
0:32 Instructor
1:44 Why Learn about Islamic Finance
3:19 Importance of Earning a Livelihood
4:29 What is Islamic Finance
5:36 Foundations: Islam, Qur’an, Sunnah
8:48 What is Shariah?
10:38 Actions in Islam
12:42 Islamic Law of Contract
16:52 Transaction Types
22:17 Ownership Categories
24:05 Contract Classifications
25:21 Contractual Conditions
26:02 Task


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