A headlines object we held off of CNBC World upon Islamic Banking behind in Summer of 2004. Just found it archived as well as will post this onto my website IslamBank.Community.

Related Google Video

• The Global Economic Crisis: an Islamic Perspective - Sh. Salim Morgan
• Interest and Islamic Banking - Bilal Philips
• Part 1 - Dr. Aznan Hasan on basics of Islamic Finance
• Meltdown turns spotlight on Islamic finance - 22 April 09
• URGENT Appeal: Islamic Centre of Clarington - 1st in the City!

25 Comments »

1. 

   Ask her who “owns” Federal Reserve?

   Does the American Government own it?

   No

   Who manages the Federal Reserve?

   American Governmant –erm no.

   The Zionist own the Federal Reserve and a clique of Zionist Bankers manage it. This is noting but Zionist propaganda protecting THEIR INTEREST against a rising interest in Islamic Banking “Ethical Banking

   Comment by ALANSARALHAQ — May 31, 2009 @ 3:57 am

2. 

   Did u know that one of the reasons for the crisis is that most people are under debts? Apparently not, so shut your devil.

   Comment by acnex — May 31, 2009 @ 3:57 am

3. 

   to the islamic banks we need a bailout the jews messed up our stock marke bad

   Comment by westbank23 — May 31, 2009 @ 3:57 am

4. 

   the problem of western democracies is that when you brand a person or a community cause he is different then you are called a racist , this is acceptable to me as long as the same charge is applied to people who want to indentify themselves different from the other community following different laws and investments . promoting this shariah investment is also a racist thing. This too will create a bubble and when it blows , it will be bigger thab the BIG BANG creation of the universe.

   Comment by 9343105697 — May 31, 2009 @ 3:57 am

5. 

   why doest shariah allow interest rates to be charged ? cause it causes problems for borrowers , i.e muslim beggars around the world , if muslims were in a position to give then the int rate would be 100%.

   Comment by 9343105697 — May 31, 2009 @ 3:57 am

6. 

   Yeah , collapse of ML , AIG & Wachovia are because of interest rate loan & finance, with Islamic banking interest are out ! and it is profit sharing and loss sharing , Great to Islam you are the real finance solutions today finance!

   Comment by presbourg — May 31, 2009 @ 3:57 am

7. 

   allah u akbar

   Comment by karzyboy — May 31, 2009 @ 3:57 am

8. 

   i would put as 5 stars for this video for pple of non-muslims to know of what islam is.

   Comment by upfran — May 31, 2009 @ 3:57 am

9. 

   islam does not isolate but the west are the ignorant one when they gain knowledge from muslims scholars they show their nose in the air, technologies if not well use can be exploited. they always finds islam as conservative. But Islam have what is forbiden & what is not. we call it halal and haram. the wrong & right. Because Allah say so. Thee had set such rules through prophet Muhammad for us to follow. reply to PandemicMadness: why does islam have to isolate itself so much from the rest?

   Comment by upfran — May 31, 2009 @ 3:57 am

10. 

    Islam is pratical religion unlike other religion, i know many non muslim people select islamic bank, they dont want their money to spend on war or in wrong ways.

    i m glad world’s economical problem doesnt effect Islamic bank nor i heard of any Islamic bank goes down,

    So read Quran and unsderstand what Islam says. forget about these evil media or dont learn Islam from non-muslim.

    Comment by ImageOFlove — May 31, 2009 @ 3:57 am

11. 

    Is there a consensus amongst scholars concerning shorting stocks?

    Comment by kusari86 — May 31, 2009 @ 3:57 am

12. 

    Capitalism and Socialism practiced by US does not work as evident by the recent events. Islam has the solution. Unlike Judaism, muslims treat non-muslims and muslims alike – say no to oppressive usury based system.

    Comment by alphamain — May 31, 2009 @ 3:57 am

13. 

    Yes, you got that right. Just to share with you, Islam is encompassing everything. In Islam there is no such thing as separation between religion and others such as politics, criminal laws, economics etc. Secularism is not an option to muslims. It is time for muslims and non-muslims to know more about the alternative economy – free from usury.

    Comment by alphamain — May 31, 2009 @ 3:57 am

14. 

    There is a difference between isolation and standing out amongst others; Islam is an open religion. It invites all to learn and embrace its principles; Muslims / non-Muslims alike may deal with an Islamic bank for exp. But Islam does not compromise on basic principles like forbidding interest charge for a good reason; look at the international financial crisis due to the burden of national debt that the interest based economy system and banks keep causing(answering in the context of the clip)

    Comment by RoadToTheOne — May 31, 2009 @ 3:57 am

15. 

    why does islam have to isolate itself so much from the rest?

    Comment by PandemicMadness — May 31, 2009 @ 3:57 am

16. 

    Basic of Islamic finance is using Dinar(gold coin) and Dirham(silver coin),not fiat money(Dollar,Rupiah,Euro,Pound etc).Islamic economy becomes perfect for 14 centuries ago by
    using Dinar and Dirham as currency,more stable,zero inflation,not riba as forbidden.

    Comment by yudhilux80 — May 31, 2009 @ 3:57 am

17. 

    well said kalepensel.

    Comment by Triarch1000 — May 31, 2009 @ 3:57 am

18. 

    That is why Islam is not a religion it is a WAY OF LIFE.

    Comment by pakxman — May 31, 2009 @ 3:57 am

19. 

    I salute you, finally someone smart in youtube!

    Comment by BinDarwish — May 31, 2009 @ 3:57 am

20. 

    actually that’s a good point, if you can make money out of it, why not?!

    Comment by alias609 — May 31, 2009 @ 3:57 am

21. 

    I dont know much about Sharia, but from what i see,its not using religion to make money,its applying the principal of religion in economy.For example,Muslim does not take alcohol,so it is prohibit to them to invest in alcohol industry. So as interest ,Muslim are prohibited to take interest,so they cannot enter in interest-based investment. It’ about applying principal in economics,no problem about that…

    Comment by kalepensel — May 31, 2009 @ 3:57 am

22. 

    I think its fine to involve religion, as long it make money…

    Comment by kalepensel — May 31, 2009 @ 3:57 am

23. 

    no religion should be involved in anything outside of the religion itself – that includes politics, economics, health, education and most importantly music

    Comment by alias609 — May 31, 2009 @ 3:57 am

24. 

    I am just surprised why would this matter to them ?? if they or you wont deal with it, and it doesn’t affect you .. why doing a whole investigation to criticize something because it have the name of other religion you’re being resist against it !!

    Islamic Finance is for muslim people, countries and for the other people accepting it ..

    Comment by anoooni4u — May 31, 2009 @ 3:57 am

25. 

    3:50 that nigga got 6 fingers!!!!!!!!!!!!!

    Comment by wojtek0000 — May 31, 2009 @ 3:57 am

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