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Islamic Finance ( Islamic Banking ) | My First Million Podcast

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Synopsis

Shaan and Sam's primer on Islamic finance: prohibition of riba (interest), risk-sharing instead of debt, profit-and-loss partnerships, and the conventional banking instruments that have Sharia-compliant equivalents. Educational only.

Ideas in this episode

  • Bootstrapped personal finance media

    Shaan and Sam's primer on Islamic finance — prohibition of riba, risk-sharing, profit-and-loss partnerships and Sharia-compliant equivalents to conventional banking instruments.