))
Is DeFi the Missing Piece in Islamic Finance?- (Mufti) Billal Omarjee
Fetch error
Hmmm there seems to be a problem fetching this series right now.
Last successful fetch was on May 09, 2025 03:40 (
What now? This series will be checked again in the next day. If you believe it should be working, please verify the publisher's feed link below is valid and includes actual episode links. You can contact support to request the feed be immediately fetched.
Manage episode 426777607 series 3518863
Content provided by Takadao. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Takadao or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
Let us know what you think of this episode
Summary(Season 2, Ep11):
Mufti Bilal emphasizes the importance of Sharia compliance in the crypto industry and highlights the potential of DeFi to provide halal financial solutions for Muslims. He addresses misconceptions about crypto being haram and explains the differences in scholarly opinions, encouraging Muslims to explore Sharia-compliant DeFi for its benefits. Islamic financial products like Takaful, enabled by blockchain technology, offer unique features such as the absence of interest and gambling, providing global access, transparency, and security.
For more stories on Financial systems, Crypto, and the Islamic economy, sign up for our Newsletter here:
Takeaways:
- DeFi can offer halal financial solutions for Muslims.
- Scholars have different opinions on whether crypto is permissible.
- Muslims should learn about Sharia-compliant DeFi to make informed choices.
- Financial products that help reduce poverty are important since poverty can lead to loss of faith.
- Blockchain technology makes Islamic financial products accessible worldwide, providing transparency and security.
52 episodes
Share
