⛔ Halal Economy: Islamic Banking Is Absolutely HARAM? | 409 | TBT

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Haris Irfan is the CEO of Cordoba Capital Markets (CCM), Former co-founder of Deutsche Bank Islamic Finance and ex-CEO of its Islamic subsidiary.

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00:00 Introduction
02:29 His Book - Heaven's Bankers: Inside the Hidden World of Islamic Finance
05:48 Shariah Compliance: Is the foundation flawed or did it lose direction?
07:49 Islamic Finance vs. Conventional Banking
13:28 Explaining Ribah in Islamic Finance
15:54 Ideal Islamic Financier Model Based on Islamic Economic Principles
17:50 Is Islamic finance outdated?
23:09 History of Cheap Money
26:37 Any viable solutions?
31:40 Perspective on Bitcoin
33:42 Can Gold-Backed currencies be considered more Islamic?
40:07 Sustainability of the Current Debt-Based System
45:19 Which could survive an economic collapse?
46:51 Bitcoin and its Volatility
49:54 Can Bitcoin save Pakistan's economy?
54:29 Islamic Scholars: Why have some failed to explain the core issues?
1:00:00 Global Financial System: Dollar as a Reserve Currency and Impact on the Global South
1:07:01 My Perspective on these issues
1:10:18 Advice for Hopeless Pakistanis
1:13:00 What does Cordoba Capital do?
1:19:40 Ending Note