Manage episode 522452046 series 3683790
The Western financial system is full of interest that ruins so many lives and ultimately ruins our afterlife as well. But what if there was a way to leave the system and build your wealth in an ethical and spiritually clean way? We need to build islamic financial institutions that can back mortgage loans, car loans and all sorts of monetary services to those who can't pay interest. There's a barakah effect and formula for your wealth, interest ruins that barakah. In this episode we talk about practical steps that you can take to live a life that is interest-free and pleasing to God with Ousama Al-Shurafa (ex-CMO) and Dr. Mohamad Sawwaf CEO and Founder of Manzil, which provides shariah compliant financial services in Canada and the US.*JOIN OUR YOUTUBE MEMBERSHIP*OR*Support Us @* https://www.ansaripodcast.com/OR*Patreon:* https://www.patreon.com/c/theansaripodcast/membership*Join The Cosmos Club Newsletter:* https://www.ansaripodcast.com/cosmos-club#islamicfinance #barakahmindset #finance #wealth #financepodcast *Ayubi Collective*FREE 10-Part Masterclass “How to Build Your Own Multi-Billion Dollar Business”https://www.ayubi.com/ansari*Provision Capital:* https://www.provisioncapital.com*Humaniti:* https://donor.muslimi.com/page/Humaniti-emergency-Ansari00:00 Interest & The Islamic Finance System 13:24 Islamic Financing Cheaper than Interest Loans?22:22 The Formula for Barakah26:28 What is wealth in the Quran?28:01 How to Have a Halal Financial Lifestyle35:48 Islamic Priorities of Spending39:43 Circular Islamic Financial Economy47:56 Final Thoughts*Listen on All Audio Platforms:* https://tr.ee/JeX-ILYSyj*Follow The Ansari Podcast**Instagram:* https://instagram.com/ansaripodcast*TikTok:* https://tiktok.com/@theansaripodcast*Twitter/X:* https://twitter.com/ansaripodcast
154 episodes