Welcome to the Islamic Finance Research (IFR) Podcast, where we examine modern economic realities through the lens of ethical, Shariah-compliant finance. This episode is part of our ongoing series, Zayd’s Rules – Ethical Finance for a Global Audience, hosted by Zayd Haji, a finance student and founder of IFR.
Discover the hidden truths behind modern finance.
The Invisible Debt Trap series by Zayd Iqbal Haji reveals how interest-based systems enslave nations, destroy families, and erode your wealth.
Start with:Volume 01 – How Interest-Based Systems Enslave Nations, Destroy Families, and Defy God: Exposing Riba, Reviving Justice
Read now
https://play.google.com/store/books/details/Zayd_Haji_The_Invisible_Debt_Trap_Volume_01_How_In?id=jcFqEQAAQBAJ
Continue with:
Volume 02 – Is Your Wealth Really Yours — Are You Financing Your Own Destruction?: How Riba, Debt, and Modern Banking Are Destroying Your Wealth — Are You In It Too?
Read now
https://play.google.com/store/books/details/Zayd_Haji_The_Invisible_Debt_Trap_Volume_02_Is_You?id=FsVqEQAAQBAJ
#TheInvisibleDebtTrap #ZaydIqbalHaji #Riba #InterestFreeEconomy #IslamicFinance #DebtTrap
In today’s episode, we dive into a pressing question that affects millions of Indian households:
Are home loans and EMIs financially sustainable—or are they part of a larger debt trap created by interest-based systems?
As property prices rise and inflation squeezes everyday spending, many are turning to long-term home loans to secure a roof over their heads. But with EMIs stretching over 20–30 years and interest payments often exceeding the original loan amount, it’s time to ask: Is there a better way to own a home without drowning in debt?
This episode explores how Islamic banking offers an alternative to conventional home loans. At the core of this approach is the Musharakah model, a profit-and-loss sharing partnership where the bank and the buyer co-own the property. There are no EMIs built on compounding interest. Instead, the customer pays rent on the bank’s share while gradually acquiring full ownership—interest-free.
We compare:
A ₹50 lakh traditional home loan with 8% interest over 20 years (total repayment: ₹90 lakh)
vs.
A Musharakah partnership with no interest, just fair rental compensation for the bank’s share.
This is not just a financial difference—it’s a shift in thinking.
We also touch on:
Why EMIs contribute to rising inflation and personal debt
How Islamic banking avoids riba (interest) and speculative lending
What Islamic Finance Research (IFR) is uncovering about the future of ethical finance in India
The academic and policy relevance of Shariah-compliant models in today’s economy
Zayd Haji shares this exploration not as an expert, but as a student of finance, committed to understanding how real-world financial systems can align with timeless ethical principles. Through IFR, ISR, and IGC, he aims to spark meaningful dialogue that reconnects faith, fairness, and finance.
This episode is especially relevant for anyone struggling with home loan decisions, exploring Islamic banking, or simply curious about how values-based finance could reshape India’s economic landscape.
Keywords Included for Search & Discovery:EMI, home loan, Islamic banking, Islamic Finance Research, IFR podcast, Zayd Haji, Musharakah, Shariah-compliant finance, halal home loan, ethical finance India, interest-free housing, Islamic home financing, debt-free home ownership, EMI burden, Islamic mortgage alternative, Halal finance in India, riba-free banking
🔗 To learn more or explore Zayd Haji’s work and books, visit:
www.zaydhaji.com | www.zaydalhaji.com
Books available on Amazon India, Google Play Books, Kindle, and Flipkart.