Hey Almir! Big fan! can you please make a video about ETFs as a concept is Halal or not? (without getting into the specifics of each company's if its halal or not). It seems to me ETFs as a concept is ok in Islam as we share the risk and profit. Also, with the rising of inflation and how most nations (inducing Islamic nations) are in crippling Riba debt and there for tanking their local currency and its effecting the poor people the most who don't have enough financial knowledge or banking/investing opportunities to make sure their money (currency) is now getting halved every 2 years. How can the layman in these countries lower there loses with inflation as much as possible? In a lot of these Islamic countries (without mentioning names) unfortunately, the banks are promoting 25% annual returns in bonds (in local currency)! Which to my understanding is Riba. Yet the layman who are practicing Muslims have been investing in these bonds for decades without questionings if its halal or not. No body is talking about it. People think its normal and it has nothing to do with Riba. Only when they need to get a car or a credit card with interest they now think its riba.

Ghazali merely parroted al-Jassas's views on interest uncritically - and al-Jassas himself innovated a view of interest (being equivalent to Riba/usury) which contradicted the ordinance of the Qur'an as well as the practice of the early Muslims. Furthermore, neither scholar bothered to check their claims by conducting social experiments to back these up with solid data. It is evident, investors with sufficient capital can become risk averse in their investment options according to the same extent that money lenders do ordinarily. These types of argument do not stand up to closer inspection.

Jazakallahu khayr

This is very well made, Almir. The editing really took off and the content is good, as always👍🏼

Bro Almir, I've been researching finance also. I've come across an awesome book about debt and the history of debt forgiveness. As a Muslim I find it merciful that we are encouraged to forgive a person's debt after knowing that they cannot repay it. The book is called Forgive us our Debt by Michael Hudson. He talks about the more then 1000 year history of governments/kings/Princes forgiving debt...it's a great subject we should research more...especially since our world today absolutely refuses to forgive any debt..

Thank you for your feedback - much appreciated br Mustafa

I would like to add, does it apply the same when the receiver is poorer/weaker than the payor? Like if I buy T-bills or corporate debt, obviously the US govt and Apple have more money/strength than me. Still wrong?? And they WANT to sell the debt, it is not forced.

It means use it as medium of exchange, to buy and sell other things with it… don’t sell money for money (as you sell things)… sale of money for money produces interest

Here is the link ifresource.com/wp-content/uploads/2010/01/taqiusmanipostcrisisreforms.pdf

@@AlmirColan thank you very much. May Allah bless you abundantly.

The most colors he has there also aren't needed. And the picture of himself also isn't really necessary. Black and white without picture, without music, that's sufficient. His content is interesting enough without it.

We are always happy to hear feedback on how to improve. We use vocals… also we use editing and recording styles that most users expect on the KZfaq platform.

@@AlmirColan It was more of a joke, everything okay 👍

@@AlmirColan Videos are professional and nice.

insha’Allah we will talk about money and various issues surrounding it in one of the upcoming videos

Walaykumu salam - will make some new videos about that insha’Allah - in the meantime you might want to check full course I made about it… see Bitcoin 101 playlist / it is critical view that covers both sides of argument

Oh, sorry about that. We are planning to record that content again in a new format and in higher quality, insha'Allah. More content is now scheduled on a weekly basis.

​@@AlmirColansalams, can you leave them until the new ones are ready

​@@AlmirColanPlease for that time re-upload these videos

@@Cxesar those are vocals but I get what you mean - I will pass feedback to editors

Linking money to gold and silver increases confidence in its value because these assets are less likely to be manipulated by human policies and government actions.

@@AlmirColan Agreed 100%. But the idea that money is not the end goal needs to be reconciled with the idea that if gold and silver are money, they too can be an end goal if that gold and silver can be used for something other than money. The argument that money is not the end goal is true if money was fiat, but in a gold standard, money can be the end goal if that money, ie. gold and silver, is used for lets say jewelry, or manufacturing, etc. Do you get my point? I agree with everything you are saying, I just think it is more nuanced and there needs to be a reconciling idea connecting the two.

@@Honestcritic79 you are opening big discussion :) too big for comments section

@@AlmirColan I hope you can do q&a videos too that would be amazing!

These concepts, by their nature, should be different from what we are discussing in this video.

I work in the government, and trust me, loans and interest are destroying everything, it was a short term ease but as the 2007/2008 crises showed it was shortly lived.

There is a full course I did on Bitcoin, see playlists

That is not music but vocals.

What about Sukuk?