Website – www.MeccaCentric.com MeccaCentric – Creating videos about Islam and Muslims on DVD. Islamic lectures, speeches, talks and sermons are also obtainable on audio CD. “Economic Challenges For Muslims In America” by Jamal Badawi Buy the full-length lecture at http or call 1-800-607-9810 Yet another major location of concern for Muslims in America is examined in-depth by Dr. Badawi. He offers feasible solutions for 3 main economic challenges: selling issues that are forbidden, the question of riba (is it the same as interest?), and the question of insurance. Then he briefly touches upon the following areas: indirect riba, saving plans and pensions, student loans, operating in banks, and interest that is accrued on bank accounts. Other topics discussed: leasing automobiles, leasing a residence Islamically but paying far more for it, non-Muslims and their argument for interest, paying more than time (deferred payment), and leasing equipment.
Video Rating: four / 5
Buying a Car or Home Without Riba (Interest)
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If the 2.8 million muslims removed thier cash from the banking system , the uk will not be able to fund the war in IRAQ or afghanistan , amazing fact !
@ArabNobility in every capitalist countries, there are regulations. So any muslim government can put some limit without any contradiction to the core principles of capitalism. the fact that this economic system (which can get along with islamic ethics and principles) have risen welfare (even if they are still poor people, they are better off than before capitalism).
liberals and socialists are against all islamic ethics and history (communism never had strong support in the muslim world).
The struggle that every person in west and other countries who think borrowing or lending is good for meeting their luxury life and needs. The fact is that they are struggling against themselves with no peace of mind and uncertainity that involves risks. Interest money is haraam because it destroys your peace, life, and creates more debt and debt. US has so much debt on China in Trillions due of the Interest system that is the biggest struggle ever.
@sar7an00 none! All is contaminated with the system embedded deliberately to corrupt mankind.
@iseeyouf Saudi Arabia doesn’t follow the correct Islam
@sar7an00 Saudia Arabia
WHAT A BULL SHIT ANSWER
@MustafaPresents even suadi arabia has this stuff
@sar7an00
All Arab countries have Islamic systems, Iran has it and so does Pakistan and Bangladesh as well as Indonesia etc.
Go fuck yourself.
@sar7an00 BANGLADESH , that is if you know such country exists
@sar7an00 BANGLADESH
islam FULLY supports capitalism, our prophet saws was a trader, working is very important in ISLAM, because you have to be independand financially from the others but on the other hand, if you have some problems, you should be helped (sadaka and zakat). Even if you look at tax ZAKAT, it’s a quite small amount (2,5% of your savings), lower than any capitalist country
islam has nothing to do with socialism, which wants to replace Allah and any authority by a strong State ASTAGHFIRULLAH
Honestly people just need to stop being materialistic and live a simple life like our prophet muhammed saw
ENOUGH OF THIS CAPITALIST NONSENSE…..ISLAM IS THE TRUE SOLUTION!!!
@AcccountDisabled Remember what the prophet of Allah(sal wa salam) said. pass through this world as if u r a stranger. meaning nothing will go with us when we die. just our deeds(good and bad) nothing else,not our house,our car our family,our wealth. Mortgage means TRAP. This stupid goverment should allow people to buy a house without the us having to pay the interest. like put a deposit down,and then pay the rest of with rent. But of course they would never do that.its all about money 2 them
@77moessa Of course Riba is not a joke. Whoever deals with Riba has started war with Allah and his Messenger. May Allah save us all. All I am saying is, we do have a need to buy a house, people become desperate, they do not know Riba is serious. No body wants to show off that they have a house. They are simply tired of paying for rent when they are able to get a mortgage cheaper and pay off a house. This is why most people get sucked into it. paying high rent should be haram
@AcccountDisabled Brother/sister u should listen to yourself. Who said i was giving an answer? i was simply pointing out my view about riba and dealing with riba. i live in u.k and majority of muslims that r mirpuri are dealing in riba. taking out loans, doing mortages, which is common in our muslim community. i dont know about your sides in toronto bit its big time here. they even deal in drugs. Majority of them are mirpuri’s. i am a punjabi muslim. Muslims think riba is just a slap on the hand
@jihadulnafs Voting has nothing to do with Islam. Our Muslim countries do not give any rights to us. They do not even follow Islam properly. Come to Toronto you will see how stronger the Muslim community is more than Muslim countries. If you live in a land, we are obligated to obey their rules and participate, nothing in Islam says not to vote! DUMB
@77moessa NOT really. What a stupid answer. Some people are sick of paying $1000 of rent for a 2 bedroom tiny apartment when they can pay $900 for a 3+2 bedroom home that is enough and spacious for their family. Prophet SAW said he likes five things and one was a spacious home.
@MustafaPresents Jahili system you say. Our OWN MUSLIM countries are CORRUPT who listen NOT the the Quran, who give NO RIGHTS to WOMEN, who have no shame, no terms of proper justice system, yet you ask us why we move to non-Muslim countries? Disgusting! Non Muslim lands are more closer to Shariah and Islam then our own CORRUPT SO CALLED ISLAMIC COUNTRIES
@suavebone wow you learned two whole Arabic words(what the crap is jaziya?) see all the web surfing on teabagger dot coom is paying off , now you can get into debates and say words like taqiyya ….your a freakin genius now!
jazak Allah khayr
Live like the Amish people do. They are carpenters, builders, work on their fields & grow vegatation, sell it and buy everything on CASH. But migrated Muslims want to live like Barons when in West. No westerner in Europe, USA or Canada lives the lavish living that Muslims acquire in living in West, all on Riba of course.
Migrated Muslim should learn from the westerners as how to live DOWN TO EARTH something what Islam teaches!!!!!