Islamic Banking

Selling for more than cash price: is it Riba? [Article + Video]

In this video I analyze the process of selling an item on credit for a price that is greater than the cash price of the item. Specifically, I examine whether or not there is riba or interest in such a practice. I then respond to counter-arguments that are frequently presented in response to the conclusion I make.

Introducing Human Capital Mudarabah

When adopted in mass, Human Capital Mudarabah will form the foundation of an economy more equitable than its debt-based counterparts; where human capital is valued more than monetary capital and where opportunity is based on the merit of the individual rather than the social class they belong to.

Podcast Episode 7: Sukuk on Trial

In this episode we put Sukuk advocates claim that it eliminates interest to the test.
Our investigation into whether sukuk charge interest will consist of answering two main questions:
1- Is financing being provided? If yes, then:
2- Is the financier contractually guaranteed to benefit in return for providing financing?