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The Muslim Pound
Zaid Patel
76 episodes
2 days ago
Discover The Muslim Pound's potential as we spotlight inspiring entrepreneurs and community leaders. Join us for insightful conversations as we explore the challenges and successes of building successful businesses and positively impacting our communities through The Muslim Pound
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Entrepreneurship
Business
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All content for The Muslim Pound is the property of Zaid Patel and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Discover The Muslim Pound's potential as we spotlight inspiring entrepreneurs and community leaders. Join us for insightful conversations as we explore the challenges and successes of building successful businesses and positively impacting our communities through The Muslim Pound
Show more...
Entrepreneurship
Business
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How Islamic finance was born in the UK 🇬🇧 | Mufti Barkatulla
The Muslim Pound
1 hour 22 minutes 2 seconds
6 months ago
How Islamic finance was born in the UK 🇬🇧 | Mufti Barkatulla

Join the movement: https//www.themuslimpound.comA Movement which establishes and promotes intentional spending within the Muslim Circular EconomyIn this episode, we sit down with renowned Islamic scholar and economist Mufti Barakatullah, whose decades of experience have helped shape Islamic finance in the UK and abroad. From resolving £100 million family disputes to consulting for global banks, Mufti Barakatullah has been at the forefront of establishing halal alternatives in finance, law, and charity.We discuss the rise of Islamic finance in the UK, the problem with how Muslim charities spend donations, and the complicated reality of inheritance and family feuds. He also opens up about the pressures UK Muslims face, why many are considering Hijrah, and the gaps in our understanding of Riba. This is a wide-ranging conversation on money, responsibility, and what it truly means to build a Muslim future in the West.00:00 – Intro01:10 – Mufti Barakatullah’s journey into scholarship & finance06:00 – How Islamic finance was born in the UK12:20 – The truth about Riba and early Muslim home buyers17:30 – From Saudi business to launching halal mortgages in Britain23:45 – Community skepticism and changing perceptions29:30 – Hijrah, identity, and the challenges of staying in the UK35:10 – Zakat dilemmas: Local need vs overseas giving42:00 – £100M family feuds, inheritance & rights of women50:10 – Sharia councils, marriage disputes & UK legal realities58:40 – The future of Islamic finance in Europe1:04:10 – Final advice for young Muslims building their future🔔 Don’t forget to like, subscribe, and share to help grow this platform and empower the Muslim economy!#TheMuslimPound #charity #Refugees #MuslimEntrepreneurs #SadaqahJariyah #BuildingTheUmmah

The Muslim Pound
Discover The Muslim Pound's potential as we spotlight inspiring entrepreneurs and community leaders. Join us for insightful conversations as we explore the challenges and successes of building successful businesses and positively impacting our communities through The Muslim Pound