High Quality
Button Bar 2

Muslims who are sincerely striving to please Allah must be concerned with their financial dealings. In societies and systems where interest is the rule of the day, how are Muslims able to participate without compromising their cherished Islamic principles? And do Muslims really understand their responsibilities regarding their wealth and income? Dr. Jamal Badawi examines this issue by providing possible solutions for three economic challenges: selling things that are forbidden, the question of riba (is it the same as interest?) and the question of insurance. He then briefly touches upon the following areas of concern: indirect riba, saving plans and pensions, student loans, working at a bank or insurance company, and interest accrued on bank accounts. Other topics discussed: leasing cars, leasing a house Islamically but paying more for it, paying over time (deferred payment), leasing equipment, how to explain why interest is forbidden, and if Islamic economics are just theory. (Duration: 1 hour, 15 min) Jamal Badawi is professor of management and religious studies at St. Mary's University in Halifax, Nova Scotia. He is a well-known author and speaker on Islam who appears often on TV and radio programs. He serves on the board of CAIR-Canada and is also a member of the Fiqh Council of North America and the European Council for Fatwa and Research, headed by Yusuf al-Qaradawi.

"Riba means any increment over and above the capital without participation fully in profit and loss."

--

 


Select a speaker below to view a listing of his or her tapes only

Abdullah Hakim Quick | Hamza Yusuf | Siraj Wahhaj | Jamal Badawi
Ahmad Sakr | Muhammad Shareef | Abdal Hakim Murad | Abdullah Adhami
Alpha-Him Jobe | Abdalla Idris | Munir El-Kassem | Jeffrey Lang | Sulayman Nyang
Mokhtar Maghraoui | Rasha al-Disuqi | Muzammil Siddiqi | Hakim Archuletta
Jamil Al-Amin | Aminah Assilmi | Zaid Shakir | Khalid Blankinship | John Esposito

Alphabetical list of all speakers
Lectures by speakers not listed above
Complete catalog of lectures
Lectures sorted by topic
Lectures suitable for non-Muslims

Learn About Islam - Click on one of our pamphlets below
30 Facts Islamic Virtues True Teachings Religion of God The Holy Qur'an Bible Examined

About Us | About Islam | Contact Us | Order Now | F.Y.I.
Catalog Request | What's New | Streaming Media Clips | Top 10
Non-Muslims | Coming Soon | Topics | Wholesale | Home

Special | Speaker Biographies | Islamic Links
Sample Tape | Lecture Durations | Images
Order By Phone | Order Online | Order By Mail

MeccaCentric Online Store:
Order This Lecture Now: Video tape | Audio tape | Audio CD
Log In
| New Account | Product List | Search | Basket Contents | Help | Checkout

-Please make dua for us here at MeccaCentric-

Back to Top