Did you know that the prohibition on Riba is not uniquely Islamic? In fact, Judaism, Christianity, the Romans and Greeks, and Marxists were all opposed to Riba. Then how did it all change? Find out here.
Пікірлер
The best way to understand riba is to see how IMF entangles a country. In order to payoff the loan, more loan is needed and it goes on and on till they start acquiring valuable assets owned by the state.
@KamranZParacha Жыл бұрын
Thank you for such an informative lecture. I am a fan of you for your style of presentation. I have not read Mufti Taqi Usmani's book, but pardon me, you are only partially correct on his conclusion, which you present as representative of all the Muslims and Islmic schools. If we go by your narration of the passage ,what Taqi Usmani opines as permissible, depends on two factors ; 1.Declaration of the lender and 2. Sharing of loss too. Where as you ignored the second one while drawing your conclusions. Please ponder over ; if loss is also shared, does it remain "sood" even as per your definition? I totally agree with you that Muslims scholars are not correct while claiming exclusivity of Islam over sood ban. There is a nuance ; Islam is the continuation of the religion of Ingeel and Taurat and all ancient divine scriptures so to that extent we should give them allowance. Regards Ghulam Arif Khan Community Talking Platform- Mumbai -India.
@ArifKhan-bi7eu Жыл бұрын
Thank you sir you replied him and defended Mufti Muhammad Taqi Usmani in a better way.
@sarimkhan_774 Жыл бұрын
In this exPlanation, sorry to say but sir Taimur only read mufti sahib’s text correctly but totally Misinterpreted it . Investing in other’s business is not wrong if you shares both profit and loss .
@nisaryasin3111 Жыл бұрын
There are differences between business partnership and lending money. One can not expect to be a business partner of his debtor.
@ishtiakabdullahyousufmozum894 Жыл бұрын
@@nisaryasin3111 thk ha ap ye bataen Al Ahsan kya ha? Larzay Hasana kya ha ? Ap os banday k business main sharqat kri KR rahay haen Jo zroratmand ha or ap larzay Hasana ke Jaga ab es ke bidad paida KR de hai.its an ethical question , or mufti taqi Usman hujatay Islam nhi.
@afaqjabbar8800 Жыл бұрын
JazakAllah boht qeemti or mukammal maloomat mili aap se boht shukria
@zartashairfan4877Ай бұрын
Thank you Taimur sb You have rekindled the proletariat struggle in me God bless you
@naumanmustafa7728 Жыл бұрын
Bohat acha lecture tha. Mgr yeh batayen ke loss profits sharing mechanism interest kese hogaya???? I guess misinterpretation ki hai ap nay yahan Mufti Taqi ke opinion ki.
@ghazanhussain2070 Жыл бұрын
24:30 taimur saab great intonation. I am very inspired by your enthusiasm while reading Karl's quotes, you also retain the that entertaining touch. The way you have expressed the phrase "khoon choosta hay" pretty much sums up the spirit of the vlog. Very informative lecture too. .
@alihaider5190 Жыл бұрын
Taimur bhi you are great
@snopgaming47 Жыл бұрын
Waiting for next lecture on this topic. Thank you Sir
@shanililla5297 Жыл бұрын
Modern economy cannot work without interest ….. even Saudi Arabia charges and gives interest! Long time ago when religion came there was no banking system!
@mohsinafzaal7159 Жыл бұрын
Sir, you forgot to mention the last part in the passage of taqi usmani, i.e. the sharing of loss. Os me to sood nhi rehta q k sood me loss ka risk hi nhi hota. Taqi usmani jo keh rhe the wo aesa hai jede koi business ker rha ho aur me business k liye ose pese de don, aur phir profit ho to profit share ho aur agar loss ho jaye business me to loss bhi share hoga. How this can be said to be interest?
@hedicat01 Жыл бұрын
He either did not understand it or he did it on purpose.
@edwardcrow8940 Жыл бұрын
The loss is occurred when someone can’t pay the loan back
@kamranahmad588 Жыл бұрын
@@kamranahmad588 and than bank take over the business
@afaqjabbar8800 Жыл бұрын
@@afaqjabbar8800 There is no business left to take over if you default on a loan. Regardless , I don't see the issue with a bank expecting their money back as long as the business owner understands what they are signing up for before they take loan. You don't have to take the loan and nobody is being taken advantage of.
@kamranahmad58811 ай бұрын
@@kamranahmad588 thanks for explaination.
@afaqjabbar880011 ай бұрын
Thank you for your time and research.....also bundle of thanks for educating us 🌹
@shahidmehmood2049 Жыл бұрын
Will wait for the next lecture Sir.
@starrysky1588 Жыл бұрын
We shall wait for next lecture. 💓
@midrarullah1744 Жыл бұрын
"These banks are clever thought of jews. These banks take away light of virtue from the heart of human. Until and unless this system is not destroyed, the talk about wisdom,civilization and religion are meaning less." - Allama iqbal
@Albayyinah4571 Жыл бұрын
Dr Sb plz live ayein …🙏🙏🙏🙏
@adnansaeed6790 Жыл бұрын
It’s good to see u gathering references of ban on Ribah in other cultures etc. yet the basic question stands unanswered, what’s the alternative?
@alichaudhary5832 Жыл бұрын
Great sir ❤❤❤❤
@A.SMotivation-ii1wkАй бұрын
Always your efforts are excellent; good topics are selected by my dear bro
@advocatehafiznasirmahmood5980 Жыл бұрын
Very detailed & easy to understand like always !
@khanjehangir60 Жыл бұрын
Very good analysis sir. Love from #NewDelhi #India
@iShakirAli4 ай бұрын
Thank you sir for your efforts in making us understand these concepts. A book by John Perkins "Confessions of an Economic Hit Man" also explains modern day Riba strategy of powerful countries. Stay blessed
@awaisabbasi179016 күн бұрын
Waiting for the next video impatiently.
@muhammadusman-vu2uo Жыл бұрын
Great. I respect your position and the way you present complex issues in wasy to understand way. I am an Islamist, not a socialist at all, rather anti socialism. I am a bit disappointed over the public comments defending Mufti Taqi Usmani's position of Islamising the Capital Finance. Mufti Sb. has made it possible for the West and whole world to use the money of a segment of market (hardline Muslims) in Capitalist banking system, which segment was adamant not to invest in banking cuz its based on interest. These Islamic banks use arabic terms to Islamise conventional banking/insurance etc. in the name of Takaful etc. Allah hidayat de.
@kashifAli-ig4vt Жыл бұрын
Can't wait for next lecture
@IrfanA7861 Жыл бұрын
Aisa lag Raha hai jese khutba sun Raha Hun... Mashallah behtreen.. mimber ki jagha app jese log hone Chahiye... Ta k parhay likhe log waqt SE pehly mashido meh ayein
@afnankhalid5795 Жыл бұрын
سود انسان کی تباہی کا باعث بنتی ہے میں جب بچہ تھا تب سود سے محض اسلئے نفرت کرتا تھا کہ یہ اسلام میں حرام ہے لیکن جب مطالعہ کیا تب سمجھ آیا کہ سود کو خدا نے کیوں حرام کیا ہے، سود کی بجائے اگر ریاست ٹیکس کا نظام ختم کریں اور صرف امیروں سے زكوۃ لے تو امیر اور غریب میں فرق ختم ہوجائےگا بیشک اسلام ایک بہترین اور مکمل نظام زندگی کا ایک مکمل دین ہے
@Ragnarhsb Жыл бұрын
بہت ہی بہترین تجزیہ ♥️🌹
@virgovlogs9537 Жыл бұрын
❤hmaisha behtreen Information.
@shoaibahmadawan5498 Жыл бұрын
Sir When I listen to you I actually find many answers with logical reasons I have watched economist channels which are very few in the whole world perhaps your channel is only in Urdu, thanks for this info This will never find across the world.
@IndusReport Жыл бұрын
ہر جگہ و ہر قوم میں انبیاء آئے اور تمام انبیاء کا دین اسلام ہی تھا
@Yar_Muhammad_Raza25 күн бұрын
we love you man!!!!! this is an eye opener, though I'm not sure if Taqi Usmani's extract means what you concluded. It seems he is saying the lender bears both, profit and loss, it will be interesting to see 1) if he suggests that the principal remains intact even if the debtor suffers heavy losses and cannot repay the principal , let alone pay the agreed interest, and 2) whether the expected return is predicted to the principal amount or share in the profit.
@biker1581 Жыл бұрын
Dr sahib good analysis. But with due apology, it’s not the complete integrated picture. To understand the Ribah in todays world you would have to study following three things: 1) Fiat money, launched again on July 17 1971, 2) Fractional Reserve Banking model of today, 3) concept of property and property rights.
@amjadsiddique70199 ай бұрын
Hum taraqi pasand :) Ustad Ji enni tarif
@maaz87 Жыл бұрын
Thanku, this is good comparative analysis which i can add in my answer.
@wajahatkhalid290 Жыл бұрын
Waiting for ur next lecture plz update soon thanks
@advocateinn8155 Жыл бұрын
Greatly informative sir. May Allah bless you with the best. ❤️
@saadhanif6333 Жыл бұрын
Very very helpful lasson every single word helpful thanks
@munirhhussainibrahim2098 Жыл бұрын
دیکھیں پیارے بھائی ایک شریعت کی اصطلاح ہے "مضاربت" یعنی کسی کو رقم دیکر اسے کام کروانا پیسہ آپ کا محنت اس کی تو نفع و نقصان دو حصوں تقسیم کردیا جاتا ہے وہ قرضہ نہیں ہوتا اگر اسے قرضہ مان لیا جائے تو نقصان کی صورت میں قرضہ دینے والے پر تو کسی قسم کی کوئی پکڑ نہیں ہونی چاہیے کیونکہ وہ پوری رقم لینے کا مجاز تھا اسی لیے مضاربت میں نفع کو خاص کر دینا سود ہے اگر نفع و نقصان عام اور باہم برابر ہوں (یاد رہے پیسہ دینے والے کا نقصان پیسے کا ضائع ہونا ہے اور کاروبار کرنے والا کا نقصان اس کی محنت کا ضیاع ہے یہ نہیں کہ لاکھ کا نقصان ہوا تو محنت والے کی محنت بھی ضائع ہو اور پچاس ہزار کا مقروض بھی کہلائے) تو کوئی مسئلہ نہیں اور اس طرح وہ قرضہ بھی نہیں کہلائے گا۔ "شرکت و مضاربت کے شرعی اصول" اور اس طرح دیگر کتب اور مقالے بھی اس موضوع پر ہیں اور فقیر اسلامی بنکاری کا قائل نہیں سبھی لوٹیرے ہیں یہ تسبیح پکڑ کر لوٹتے ہیں دوسرے بریف کیس پکڑ کر یہ حیلے کرتے ہیں وہ کھل کر کہتے ہیں باقی یہ بات میں نے اس لیے کہی کہ کہیں محترم قرضے اور مضاربت کا اکٹھا کر رہے ہیں۔ اللہ ہمیں سچ سمجھنے اور سمجھانے کی توفیق بخشے آمین
@chawaisaslam6259 Жыл бұрын
Well explained with references of religions and intellectuals, Great work Kindly make a separate Vlog reading Islamic banking and to invest in their projects/shares Thanks
@GAK625 Жыл бұрын
brilliant lecture sir
@syedbeebargshah6071 Жыл бұрын
What Taqi usmani highlighted is not what you have mentioned, he here mean to say that you can get surplus for exchange of money to a person who is running a business or simply you can invest on business of someone else and you have right on that surplus .
@coolfacts3220 Жыл бұрын
مولانا تقی عثمانی کی نیت پر شک نہیں لیکن مولانا حلال سود کر گئے۔ جبکہ مولانا تیمور بھائی آپ نے بہت واضح اور روشن طریقہ سے حق بیان کیا۔ حقیقت میں مولانا آپ ہیں۔ اللہ آپ کی عزت میں ، رزق میں، علم میں مزید اضافہ فرمائے
@li-jin Жыл бұрын
Ameen
@monaandfareed40369 ай бұрын
@@monaandfareed4036p~be cc , 😀
@shahidahmadanjumАй бұрын
Taqi usmani ne to naya pandora box khol dya h Kya ao isy mazeed smjha skty hn jo taqi usman ne kaha h
@mohammaduzairhanif5848Ай бұрын
وہ اس لیے بھائی جان کہ مفتی تقی عثمانی کا بینک الفلاح اپنا ہے جو افغانستان میں سوویت یونین اور امریکہ کی جنگ میں تحفہ میں ملا ۔ مولانا کو ضیاء دور میں کھلم کھلا پروموٹ کیاگیا تاکہ ایک ایسا مولوی لایا جائے جو مفتی اعظم بھی ہو اور سود کو بھی اسلام میں داخل کر دے مولانا نے ضیاء حکومت کے دوران سود کو نفع و نقصان کا نام دے کر جائز کیا۔۔
@naqashnaveedАй бұрын
@@naqashnaveed Before saying bad about anyone first read the concepts of Musharika and Mudarba. If those conditions are fullfilled then it’s halal.
@farazahmed0Ай бұрын
loved your lecture
@rizwanjanjua9968 Жыл бұрын
Waiting for the next part.
@ahmerkhushi Жыл бұрын
Extremely valuable lectures. Thanks Dr. Taimur Sahab
@tmk5 Жыл бұрын
Good information but should also make a video on alternative system and if it is practice anywhere how they operate
@muhammadqasim8650 Жыл бұрын
I dont know about the other sources and interpretations however being a student of Islamic Studies the Islamic part is somehow misunderstood because there are two ways to give money to others (1) Lending money without returnt. in this case captal will be guaranteed and lender cant charge any profit from the borrower but (2) in second way that will be investment and partnership so, in this case capital will not be guarnteed and only finacier will take profit if it is incureed in business. Also he has to bear the loss. Respected Taimoor SB considered both options as lending borwing that is not right. Regards Abdul Rauf
@abdurrauf65709 Жыл бұрын
Very Informative !!! Kindly Do more videos on on Islamic Banking . It will be great to see U sitting with Mufti Taqi Usmani or Doctor Asad zaman discussing on the topic of "Islamic Banking" or "Interest free banking"
@abdulhaadi2453 Жыл бұрын
Why are you confusing clear distinction between interest and profit through partnership? If I lend money to a business and fix an interest regardless the business is in loss or profit is prohibited. on the other hand, If I lend a business on terms that if business is making a profit, I'll have a share in it, and if the business goes in loss, I'll have a share in loss as well. how difficult is it to understand? Now where it says that the only distinction between halal and haram is just the Niyyat or intention.
@BlackEagle313 Жыл бұрын
Best on your part sir 👍
@mariecurie437 Жыл бұрын
Great work ♥️🌠keep it up
@aliahmadmughal9342 Жыл бұрын
باقی آپ کا مکمل لیکچر بہت مفید اور قابل سماعت ہے باقی غلط فہمی کا ہوجانا انسان ہونے کی دلیل ہے۔ اللہ آپ کے علم و عمل میں رحمت و برکت کے سمندر رواں فرما دے آمین باقی آپ کے آنے والے لیکچر کا میں شدت کا انتظار کیے ہوں آپ کا خاموش سامع ہوں آج کچھ خاموشی بوجہ ضرورت توڑی ہے
@chawaisaslam6259 Жыл бұрын
A man and his love can change the world 🌍. Thanks for your help and contribution
@rymaustudio5683 Жыл бұрын
REQUEST: Please make every video like this, with reference to religions and books⭐⭐⭐❤️❤️❤️
@hashmihere63799 ай бұрын
Outstanding lecture
@Muhammad_Abdullah_Sultan Жыл бұрын
Excellent. Very informative
@tahirbutt9638 Жыл бұрын
Bless you. Worth sharing
@nadiaalibaig Жыл бұрын
While discussing Taqi Usmani sahib's opinion, Mr. Rahman did not put proper emphasis on the sharing of loss. In an Islamic transaction, the borrower not only shares the profit, but also has to bear the loss, if there is any. This is in contrast to the money lent by banks: regardless of gain or loss, the bank will demand a higher amount. Mr/Dr. Rahman would serve us better if he strongly emphasizes this point.
@alinaqvi385 Жыл бұрын
Isn't it like this that profit will be shared as per agreement but if loss happens then only the lender will bear the total loss. In Islamic shariah??
@Qasim_001 Жыл бұрын
Nope not that
@thehumble67148 ай бұрын
@@Qasim_001 No as per law the profit and loss must be shared as per decided percentage
@crescentwarriors2503Ай бұрын
Agree
@waseemijaz4087Ай бұрын
Zabardast Taimur sb, I thought you were only economic expert, but after watching this video you have gained unlimited respect in my heart. Islamic banking is just like drinking alcohol with the coke label on the bottle and assuming that we are drinking coke.
@salmanfaruqui6071 Жыл бұрын
Not "Islamic banking" but 'Taqi Usmani banking'
@hilalmir5173 Жыл бұрын
@@hilalmir5173 all Islamic banking, including Maulana Taqi Usmani's fatwa banking, are essentially the same as conventional bank interest. calling bank interest as "rent" and compound interest as "charity." Additionally, that most of their rent prices are based on Kibor, an instrument in Pakistan that determines the rate of bank interest. We should stay away from any kind of loan.
@salmanfaruqui6071 Жыл бұрын
@@salmanfaruqui6071 U are right except for using the term "Islamic" with banking. When we know it not Islamic ,how can we still describe it as Islamic.
@hilalmir5173 Жыл бұрын
Plz share second part of this series of riba
@afifamalik9376 Жыл бұрын
Very broad analysis 👍💚
@student_learnt Жыл бұрын
Good work sir
@alwaysfree4344 Жыл бұрын
I learned a new word in Urdu, “biddat” known as Heresy. Editing was a little choppy but beggars can’t be choosers. We are getting free online lectures. I want to know how did they tackle inflation back then? Thank you
@OmerKhan1 Жыл бұрын
Excellent. Very educative. Hopefully I purchase the book by Taqi عثمانی.
@jamilkhan715 Жыл бұрын
Thanks: such type of knowledge based speeches be delivered in Juma prayers. Alas our leading imams be so knowledgeable. If not to begin with DHA/ Bahria/ EME / Ghulburg etc admin should give this topics to imams for delivery in mosques on Friday prayers. This will reduce religious tension as well.
@mianakbar73413 ай бұрын
مولانا تقی عثمانی نے ان لوگوں تقویت دی جو شریعت کو جدید تقاضوں کے مطابق ترمیم چاھتے ہیں۔ تیمور صاحب آپ کی وضاحت صرف مسلمانوں تک محدود نہیں بلکہ تمام مذاھب کا نچوڑ یہ ھے کہ سود ناجائز ھے۔ الله آپکواجر دے۔ آپکا یہ پیغام میں اپنے حلقہ احباب میں پھیلانا فرض سمجھتا ھوں۔
@MNaeemShahАй бұрын
First of all this is really good. I really wish if Dr. Sahib can expand on what is his position when it comes to Riba? It seems that it something abhorred by all historically. But now it is a prevalent system and it’s seems we have no substitute system that is interest free and works at large scale. I have seen systems like credit unions etc that provides interest free micro financing. But it does not have capacity to finance projects, houses etc.
@rock981 Жыл бұрын
Taimur Sir how Pakistan can run without interest in current scenario? Do you have any solutions or recommendations? If yes , please make a video on that briefly.. Thanks
@m.bsoomro1247 Жыл бұрын
very valueable Info thanks Sir
@aiforall2174 ай бұрын
Nice information but I still feel your knowledge about Mufti Taqi Usmani's version is limited. Need more work in that area pls.
@hammadbhutta4436 Жыл бұрын
ماشاء اللّٰہ Nice information..
@naqashnaveedАй бұрын
Sir, how could you forget the Critical Condition of 'sharing the loss' mentioned by Taqi Sb, in order to qualify for not being Riba?
@ranaanees482711 ай бұрын
He did not forget. Rather intentionally did that.
@saadahmad75523 ай бұрын
You should also give the example how there economy run without interest efficiently
@bharatkapoor4062 Жыл бұрын
@BILLIONAIRE book theory applied in practical give different result
@bharatkapoor4062 Жыл бұрын
V.simple qarze hasana...sadaqa etc. Share ur money wd da society n spend da money not...store da money...money storage is un natural islam gives a full model of economics and finance.
@haroonbaig5674 Жыл бұрын
He's not interested in that pal.....
@moizmustafa7768 Жыл бұрын
By sharing in management for profitable business. By sharing in business as partners rather than charging profit without doing any effort is prohibited. So share and a Participate in production, hence society economy will grow. After practically sharing you earn rather than snatch or Robbing the debtors.
@wasifahmed123 Жыл бұрын
@@wasifahmed123 does this happen before can u give some country or company practical examples who did this or doing so
@bharatkapoor4062 Жыл бұрын
So we can say , the current banking system is also base of interest economic or not ?
@waqasiqbal6750 Жыл бұрын
good informative. I learnt things from this vlog
@fahadjavaid73364 ай бұрын
Waiting for the next one...
@shahzaibshahzad2366 Жыл бұрын
Yani agar koi shakhs sari Zindagi mehnat mazdoori kar k Kuch lakh rupe saving kare or phr old age me jab k us me na energy ho na karobari tajarba to apni jama poonji Kisi ese businessman ko gift kar de Jo us k peson se khud to profit leta rahe or loss us k account me dalta rahe very smart.
@muhammadharoon90779 ай бұрын
Very informative as usual
@gilgitbaltistan360 Жыл бұрын
AOA Respected Dr. Sb.Salamat rehain, aameen. Taqi Uthmani sb. ka ye declaration kahan se mil sakta ha? It is interestingly strange, so I want to study it completely to better understand it, especially the Quranic Verses, Ahadith, or Athaar from which he deduced it. Thank you
@waqasmehmood9493 Жыл бұрын
me kr raha agly lecture ka wait....shukr h apny meri bt mani..thnx
@tahiraziz9168 Жыл бұрын
زبردست تہمر صاحب
@mukhayar Жыл бұрын
You have misunderstood Molana Taqi Usmani point of view. If a person is giving loan to someone with the intention that the businessman will give him profit or loss based on business activity then this is not interest, in this case he is sleeping-partner. On the other hand, if one person give loan to someone for personal matter not for business then getting extra money will be regarded as Riba. That in another thing if borrower use this money for personal use or use it to do any business, but he is not liable to give any extra money to Principal as it was not agreed earlier.
@TheAbdulrehmaaan Жыл бұрын
Very good knowledge! May Allah swt bless you
@muhammadfazal5334 Жыл бұрын
Huge fan of yours and met you couple of years ago in Karachi. I wanna draw your attention and request for reconsideration over "your interpretation" of the text from Mufti Taqi Usmani's book. 1) You you are doing favour (ahsan) with your brother and lending him some money, then it is haram to get "Sood". 2) If you are giving some money to your brother for your business purposes, which clearly means that you are being a partner in both profit and loss. That's called INVESTMENT (business), NOT SOOD.
@saqibaliofficial4176 Жыл бұрын
Very nice explaination
@MZahid-bx7tf Жыл бұрын
Thank you and I appreciate your efforts. My question is any society eliminate the interest how can control the money supply or monetary policy without interest.
@MuhammadAsif99 Жыл бұрын
19:00 Isn't Profit and "Loss" sharing is different from interest? Kindly elaborate Dr sahab.
@MuhammadFawadBabar Жыл бұрын
both are same
@nothing276 Жыл бұрын
@@nothing276 how ?
@IhsanUllah-ng4qp Жыл бұрын
Sir aisy topic's py bat kary jis say viewership bary plz plz
@adulbasit7912 Жыл бұрын
Spot on and well researched
@sabeekazaman3239 Жыл бұрын
Assalam alaikum Sir... Me apko kafi dino sun raha hun or bht acha laga apko sun k and pehle se Karl Marx se influenced hun, lekin abhi jo ap ne taqi usmani sahab ki baat ko misquote kia yeh khayanat hai, "Unho ne yeh kaha hai ager munafay ki niyat se de raha hai to nafa or nuqsan dono me shareek hai" sirf munafa nhi lega nuqsan ki soorat nuqsan b bare krega... and its like partnership business where someone is active partner and other is sleeping partner... by the way i am not belong to deobandi school of thought k aap samjhein me is liye unki advocate kr raha hun....
@muhammedusman5161 Жыл бұрын
Maulana Maududi's book 'Sood' will be very useful in this regard
@muftimubashshirnadwi Жыл бұрын
Excellent
@Pukhtoobamani Жыл бұрын
سر آپ اپنے خوف کو ختم کریں اور کھل کر اپنے خیالات کا اظہار کریں۔ میں آپکو بہت غور سے سنتا ہوں اور بہت کچھ سیکھا ہے آپ سے۔ سلامت رہیں
@qammarakbar1409 Жыл бұрын
Very well explained. I loved the way your expression changed when you said "Karl Marx ne condemn kiya".Your expression remained same while taking names of Plato, Aristotle etc. But when you took Marx's name your eyes opened wider & there was a hidden smile. Actually this happens with every Communist,more specifically with every proud Communist when they utter words like Communism,Socialism,Leftism or take names of Marx,Lenin,Che Guevara(my real-life hero),Mao,Fidel,Ho Chi Minh.
@anishbanerjee5761 Жыл бұрын
sir please educate me and put some light with respect to Hinduism perspective. thanking you in advance. regards
@sajjadmalik9365 Жыл бұрын
Good information
@salman1rashid9 ай бұрын
Very nice video. I have 3 questions: 1. Do you think rent-seeking on land especially agriculture land is also usury? (given that much of the land in the world is stolen/conquered by the landlord) 2. Why would someone give you a loan since there is always a risk that borrower will not pay back? What is the alternative model. 3. What about inflation adjustment? Since currency value always decreases with time in the current capitalistic system
@ayaz37210 ай бұрын
I think principal amount will return back to its owner when currency devalued UpTo 50% less.
@muhammadharoon90779 ай бұрын
currency value decreasing is one of the side effect of interest based economy, because it can only survive on fiat currency model which is our current system , Non interest based economy is based on currency which has intrinsic value eg gold or silver, since fiat currency does not carry any intrinsic value, thus in return increases infatlion
@MrTamoorali8 ай бұрын
very good questions I hope taimur Bhai answer them.... if he has not already in another video.... about 3rd , I would say may be for inflation purpose you can give loan in shape of gold or another thing that you think is more stable and inflation would not affect that... I think giving loan in gold and asking for an equal amount of gold is halal
@fahadjavaid73364 ай бұрын
Your lectures area great source for illumination of my thoughts. I am great fan of yours . Particularly, after listening i have started to understand in the philosophy of Karl Marx in true letter and spirit. Jazak Allah Sir. I desire to meet you some day,
@muhammadjamshedfraz6822 Жыл бұрын
مولانا تقی عثمانی کی جملہ جو آپ نے بیان کیا کہ قرض دینے والے کی مرضی ہے کہ وہ کسی بھی شرط پر قرض دیتا ہے دے سکتا ہے ۔۔۔ یہ جملہ اگر حقیقت میں تقی عثمانی کی کتاب میں موجود ہے تو ہم آپ کو سلام پیش کرتے ہیں کہ آپ نے ہمیں اس چال کے بارے میں آگاہ کیا ۔۔۔❤❤❤❤❤
@Thediscoverer5552 ай бұрын
Taqi usmani sb ka point ap nay adhora chor dya ap nay un ki profit wali bat to ki laykin loss wali ignore ki asal to yahi loss wala point hay
The best way to understand riba is to see how IMF entangles a country. In order to payoff the loan, more loan is needed and it goes on and on till they start acquiring valuable assets owned by the state.
Thank you for such an informative lecture. I am a fan of you for your style of presentation. I have not read Mufti Taqi Usmani's book, but pardon me, you are only partially correct on his conclusion, which you present as representative of all the Muslims and Islmic schools. If we go by your narration of the passage ,what Taqi Usmani opines as permissible, depends on two factors ; 1.Declaration of the lender and 2. Sharing of loss too. Where as you ignored the second one while drawing your conclusions. Please ponder over ; if loss is also shared, does it remain "sood" even as per your definition? I totally agree with you that Muslims scholars are not correct while claiming exclusivity of Islam over sood ban. There is a nuance ; Islam is the continuation of the religion of Ingeel and Taurat and all ancient divine scriptures so to that extent we should give them allowance. Regards Ghulam Arif Khan Community Talking Platform- Mumbai -India.
Thank you sir you replied him and defended Mufti Muhammad Taqi Usmani in a better way.
In this exPlanation, sorry to say but sir Taimur only read mufti sahib’s text correctly but totally Misinterpreted it . Investing in other’s business is not wrong if you shares both profit and loss .
There are differences between business partnership and lending money. One can not expect to be a business partner of his debtor.
@@nisaryasin3111 thk ha ap ye bataen Al Ahsan kya ha? Larzay Hasana kya ha ? Ap os banday k business main sharqat kri KR rahay haen Jo zroratmand ha or ap larzay Hasana ke Jaga ab es ke bidad paida KR de hai.its an ethical question , or mufti taqi Usman hujatay Islam nhi.
JazakAllah boht qeemti or mukammal maloomat mili aap se boht shukria
Thank you Taimur sb You have rekindled the proletariat struggle in me God bless you
Bohat acha lecture tha. Mgr yeh batayen ke loss profits sharing mechanism interest kese hogaya???? I guess misinterpretation ki hai ap nay yahan Mufti Taqi ke opinion ki.
24:30 taimur saab great intonation. I am very inspired by your enthusiasm while reading Karl's quotes, you also retain the that entertaining touch. The way you have expressed the phrase "khoon choosta hay" pretty much sums up the spirit of the vlog. Very informative lecture too. .
Taimur bhi you are great
Waiting for next lecture on this topic. Thank you Sir
Modern economy cannot work without interest ….. even Saudi Arabia charges and gives interest! Long time ago when religion came there was no banking system!
Sir, you forgot to mention the last part in the passage of taqi usmani, i.e. the sharing of loss. Os me to sood nhi rehta q k sood me loss ka risk hi nhi hota. Taqi usmani jo keh rhe the wo aesa hai jede koi business ker rha ho aur me business k liye ose pese de don, aur phir profit ho to profit share ho aur agar loss ho jaye business me to loss bhi share hoga. How this can be said to be interest?
He either did not understand it or he did it on purpose.
The loss is occurred when someone can’t pay the loan back
@@kamranahmad588 and than bank take over the business
@@afaqjabbar8800 There is no business left to take over if you default on a loan. Regardless , I don't see the issue with a bank expecting their money back as long as the business owner understands what they are signing up for before they take loan. You don't have to take the loan and nobody is being taken advantage of.
@@kamranahmad588 thanks for explaination.
Thank you for your time and research.....also bundle of thanks for educating us 🌹
Will wait for the next lecture Sir.
We shall wait for next lecture. 💓
"These banks are clever thought of jews. These banks take away light of virtue from the heart of human. Until and unless this system is not destroyed, the talk about wisdom,civilization and religion are meaning less." - Allama iqbal
Dr Sb plz live ayein …🙏🙏🙏🙏
It’s good to see u gathering references of ban on Ribah in other cultures etc. yet the basic question stands unanswered, what’s the alternative?
Great sir ❤❤❤❤
Always your efforts are excellent; good topics are selected by my dear bro
Very detailed & easy to understand like always !
Very good analysis sir. Love from #NewDelhi #India
Thank you sir for your efforts in making us understand these concepts. A book by John Perkins "Confessions of an Economic Hit Man" also explains modern day Riba strategy of powerful countries. Stay blessed
Waiting for the next video impatiently.
Great. I respect your position and the way you present complex issues in wasy to understand way. I am an Islamist, not a socialist at all, rather anti socialism. I am a bit disappointed over the public comments defending Mufti Taqi Usmani's position of Islamising the Capital Finance. Mufti Sb. has made it possible for the West and whole world to use the money of a segment of market (hardline Muslims) in Capitalist banking system, which segment was adamant not to invest in banking cuz its based on interest. These Islamic banks use arabic terms to Islamise conventional banking/insurance etc. in the name of Takaful etc. Allah hidayat de.
Can't wait for next lecture
Aisa lag Raha hai jese khutba sun Raha Hun... Mashallah behtreen.. mimber ki jagha app jese log hone Chahiye... Ta k parhay likhe log waqt SE pehly mashido meh ayein
سود انسان کی تباہی کا باعث بنتی ہے میں جب بچہ تھا تب سود سے محض اسلئے نفرت کرتا تھا کہ یہ اسلام میں حرام ہے لیکن جب مطالعہ کیا تب سمجھ آیا کہ سود کو خدا نے کیوں حرام کیا ہے، سود کی بجائے اگر ریاست ٹیکس کا نظام ختم کریں اور صرف امیروں سے زكوۃ لے تو امیر اور غریب میں فرق ختم ہوجائےگا بیشک اسلام ایک بہترین اور مکمل نظام زندگی کا ایک مکمل دین ہے
بہت ہی بہترین تجزیہ ♥️🌹
❤hmaisha behtreen Information.
Sir When I listen to you I actually find many answers with logical reasons I have watched economist channels which are very few in the whole world perhaps your channel is only in Urdu, thanks for this info This will never find across the world.
ہر جگہ و ہر قوم میں انبیاء آئے اور تمام انبیاء کا دین اسلام ہی تھا
we love you man!!!!! this is an eye opener, though I'm not sure if Taqi Usmani's extract means what you concluded. It seems he is saying the lender bears both, profit and loss, it will be interesting to see 1) if he suggests that the principal remains intact even if the debtor suffers heavy losses and cannot repay the principal , let alone pay the agreed interest, and 2) whether the expected return is predicted to the principal amount or share in the profit.
Dr sahib good analysis. But with due apology, it’s not the complete integrated picture. To understand the Ribah in todays world you would have to study following three things: 1) Fiat money, launched again on July 17 1971, 2) Fractional Reserve Banking model of today, 3) concept of property and property rights.
Hum taraqi pasand :) Ustad Ji enni tarif
Thanku, this is good comparative analysis which i can add in my answer.
Waiting for ur next lecture plz update soon thanks
Greatly informative sir. May Allah bless you with the best. ❤️
Very very helpful lasson every single word helpful thanks
دیکھیں پیارے بھائی ایک شریعت کی اصطلاح ہے "مضاربت" یعنی کسی کو رقم دیکر اسے کام کروانا پیسہ آپ کا محنت اس کی تو نفع و نقصان دو حصوں تقسیم کردیا جاتا ہے وہ قرضہ نہیں ہوتا اگر اسے قرضہ مان لیا جائے تو نقصان کی صورت میں قرضہ دینے والے پر تو کسی قسم کی کوئی پکڑ نہیں ہونی چاہیے کیونکہ وہ پوری رقم لینے کا مجاز تھا اسی لیے مضاربت میں نفع کو خاص کر دینا سود ہے اگر نفع و نقصان عام اور باہم برابر ہوں (یاد رہے پیسہ دینے والے کا نقصان پیسے کا ضائع ہونا ہے اور کاروبار کرنے والا کا نقصان اس کی محنت کا ضیاع ہے یہ نہیں کہ لاکھ کا نقصان ہوا تو محنت والے کی محنت بھی ضائع ہو اور پچاس ہزار کا مقروض بھی کہلائے) تو کوئی مسئلہ نہیں اور اس طرح وہ قرضہ بھی نہیں کہلائے گا۔ "شرکت و مضاربت کے شرعی اصول" اور اس طرح دیگر کتب اور مقالے بھی اس موضوع پر ہیں اور فقیر اسلامی بنکاری کا قائل نہیں سبھی لوٹیرے ہیں یہ تسبیح پکڑ کر لوٹتے ہیں دوسرے بریف کیس پکڑ کر یہ حیلے کرتے ہیں وہ کھل کر کہتے ہیں باقی یہ بات میں نے اس لیے کہی کہ کہیں محترم قرضے اور مضاربت کا اکٹھا کر رہے ہیں۔ اللہ ہمیں سچ سمجھنے اور سمجھانے کی توفیق بخشے آمین
Well explained with references of religions and intellectuals, Great work Kindly make a separate Vlog reading Islamic banking and to invest in their projects/shares Thanks
brilliant lecture sir
What Taqi usmani highlighted is not what you have mentioned, he here mean to say that you can get surplus for exchange of money to a person who is running a business or simply you can invest on business of someone else and you have right on that surplus .
مولانا تقی عثمانی کی نیت پر شک نہیں لیکن مولانا حلال سود کر گئے۔ جبکہ مولانا تیمور بھائی آپ نے بہت واضح اور روشن طریقہ سے حق بیان کیا۔ حقیقت میں مولانا آپ ہیں۔ اللہ آپ کی عزت میں ، رزق میں، علم میں مزید اضافہ فرمائے
Ameen
@@monaandfareed4036p~be cc , 😀
Taqi usmani ne to naya pandora box khol dya h Kya ao isy mazeed smjha skty hn jo taqi usman ne kaha h
وہ اس لیے بھائی جان کہ مفتی تقی عثمانی کا بینک الفلاح اپنا ہے جو افغانستان میں سوویت یونین اور امریکہ کی جنگ میں تحفہ میں ملا ۔ مولانا کو ضیاء دور میں کھلم کھلا پروموٹ کیاگیا تاکہ ایک ایسا مولوی لایا جائے جو مفتی اعظم بھی ہو اور سود کو بھی اسلام میں داخل کر دے مولانا نے ضیاء حکومت کے دوران سود کو نفع و نقصان کا نام دے کر جائز کیا۔۔
@@naqashnaveed Before saying bad about anyone first read the concepts of Musharika and Mudarba. If those conditions are fullfilled then it’s halal.
loved your lecture
Waiting for the next part.
Extremely valuable lectures. Thanks Dr. Taimur Sahab
Good information but should also make a video on alternative system and if it is practice anywhere how they operate
I dont know about the other sources and interpretations however being a student of Islamic Studies the Islamic part is somehow misunderstood because there are two ways to give money to others (1) Lending money without returnt. in this case captal will be guaranteed and lender cant charge any profit from the borrower but (2) in second way that will be investment and partnership so, in this case capital will not be guarnteed and only finacier will take profit if it is incureed in business. Also he has to bear the loss. Respected Taimoor SB considered both options as lending borwing that is not right. Regards Abdul Rauf
Very Informative !!! Kindly Do more videos on on Islamic Banking . It will be great to see U sitting with Mufti Taqi Usmani or Doctor Asad zaman discussing on the topic of "Islamic Banking" or "Interest free banking"
Why are you confusing clear distinction between interest and profit through partnership? If I lend money to a business and fix an interest regardless the business is in loss or profit is prohibited. on the other hand, If I lend a business on terms that if business is making a profit, I'll have a share in it, and if the business goes in loss, I'll have a share in loss as well. how difficult is it to understand? Now where it says that the only distinction between halal and haram is just the Niyyat or intention.
Best on your part sir 👍
Great work ♥️🌠keep it up
باقی آپ کا مکمل لیکچر بہت مفید اور قابل سماعت ہے باقی غلط فہمی کا ہوجانا انسان ہونے کی دلیل ہے۔ اللہ آپ کے علم و عمل میں رحمت و برکت کے سمندر رواں فرما دے آمین باقی آپ کے آنے والے لیکچر کا میں شدت کا انتظار کیے ہوں آپ کا خاموش سامع ہوں آج کچھ خاموشی بوجہ ضرورت توڑی ہے
A man and his love can change the world 🌍. Thanks for your help and contribution
REQUEST: Please make every video like this, with reference to religions and books⭐⭐⭐❤️❤️❤️
Outstanding lecture
Excellent. Very informative
Bless you. Worth sharing
While discussing Taqi Usmani sahib's opinion, Mr. Rahman did not put proper emphasis on the sharing of loss. In an Islamic transaction, the borrower not only shares the profit, but also has to bear the loss, if there is any. This is in contrast to the money lent by banks: regardless of gain or loss, the bank will demand a higher amount. Mr/Dr. Rahman would serve us better if he strongly emphasizes this point.
Isn't it like this that profit will be shared as per agreement but if loss happens then only the lender will bear the total loss. In Islamic shariah??
Nope not that
@@Qasim_001 No as per law the profit and loss must be shared as per decided percentage
Agree
Zabardast Taimur sb, I thought you were only economic expert, but after watching this video you have gained unlimited respect in my heart. Islamic banking is just like drinking alcohol with the coke label on the bottle and assuming that we are drinking coke.
Not "Islamic banking" but 'Taqi Usmani banking'
@@hilalmir5173 all Islamic banking, including Maulana Taqi Usmani's fatwa banking, are essentially the same as conventional bank interest. calling bank interest as "rent" and compound interest as "charity." Additionally, that most of their rent prices are based on Kibor, an instrument in Pakistan that determines the rate of bank interest. We should stay away from any kind of loan.
@@salmanfaruqui6071 U are right except for using the term "Islamic" with banking. When we know it not Islamic ,how can we still describe it as Islamic.
Plz share second part of this series of riba
Very broad analysis 👍💚
Good work sir
I learned a new word in Urdu, “biddat” known as Heresy. Editing was a little choppy but beggars can’t be choosers. We are getting free online lectures. I want to know how did they tackle inflation back then? Thank you
Excellent. Very educative. Hopefully I purchase the book by Taqi عثمانی.
Thanks: such type of knowledge based speeches be delivered in Juma prayers. Alas our leading imams be so knowledgeable. If not to begin with DHA/ Bahria/ EME / Ghulburg etc admin should give this topics to imams for delivery in mosques on Friday prayers. This will reduce religious tension as well.
مولانا تقی عثمانی نے ان لوگوں تقویت دی جو شریعت کو جدید تقاضوں کے مطابق ترمیم چاھتے ہیں۔ تیمور صاحب آپ کی وضاحت صرف مسلمانوں تک محدود نہیں بلکہ تمام مذاھب کا نچوڑ یہ ھے کہ سود ناجائز ھے۔ الله آپکواجر دے۔ آپکا یہ پیغام میں اپنے حلقہ احباب میں پھیلانا فرض سمجھتا ھوں۔
First of all this is really good. I really wish if Dr. Sahib can expand on what is his position when it comes to Riba? It seems that it something abhorred by all historically. But now it is a prevalent system and it’s seems we have no substitute system that is interest free and works at large scale. I have seen systems like credit unions etc that provides interest free micro financing. But it does not have capacity to finance projects, houses etc.
Taimur Sir how Pakistan can run without interest in current scenario? Do you have any solutions or recommendations? If yes , please make a video on that briefly.. Thanks
very valueable Info thanks Sir
Nice information but I still feel your knowledge about Mufti Taqi Usmani's version is limited. Need more work in that area pls.
ماشاء اللّٰہ Nice information..
Sir, how could you forget the Critical Condition of 'sharing the loss' mentioned by Taqi Sb, in order to qualify for not being Riba?
He did not forget. Rather intentionally did that.
You should also give the example how there economy run without interest efficiently
@BILLIONAIRE book theory applied in practical give different result
V.simple qarze hasana...sadaqa etc. Share ur money wd da society n spend da money not...store da money...money storage is un natural islam gives a full model of economics and finance.
He's not interested in that pal.....
By sharing in management for profitable business. By sharing in business as partners rather than charging profit without doing any effort is prohibited. So share and a Participate in production, hence society economy will grow. After practically sharing you earn rather than snatch or Robbing the debtors.
@@wasifahmed123 does this happen before can u give some country or company practical examples who did this or doing so
So we can say , the current banking system is also base of interest economic or not ?
good informative. I learnt things from this vlog
Waiting for the next one...
Yani agar koi shakhs sari Zindagi mehnat mazdoori kar k Kuch lakh rupe saving kare or phr old age me jab k us me na energy ho na karobari tajarba to apni jama poonji Kisi ese businessman ko gift kar de Jo us k peson se khud to profit leta rahe or loss us k account me dalta rahe very smart.
Very informative as usual
AOA Respected Dr. Sb.Salamat rehain, aameen. Taqi Uthmani sb. ka ye declaration kahan se mil sakta ha? It is interestingly strange, so I want to study it completely to better understand it, especially the Quranic Verses, Ahadith, or Athaar from which he deduced it. Thank you
me kr raha agly lecture ka wait....shukr h apny meri bt mani..thnx
زبردست تہمر صاحب
You have misunderstood Molana Taqi Usmani point of view. If a person is giving loan to someone with the intention that the businessman will give him profit or loss based on business activity then this is not interest, in this case he is sleeping-partner. On the other hand, if one person give loan to someone for personal matter not for business then getting extra money will be regarded as Riba. That in another thing if borrower use this money for personal use or use it to do any business, but he is not liable to give any extra money to Principal as it was not agreed earlier.
Very good knowledge! May Allah swt bless you
Huge fan of yours and met you couple of years ago in Karachi. I wanna draw your attention and request for reconsideration over "your interpretation" of the text from Mufti Taqi Usmani's book. 1) You you are doing favour (ahsan) with your brother and lending him some money, then it is haram to get "Sood". 2) If you are giving some money to your brother for your business purposes, which clearly means that you are being a partner in both profit and loss. That's called INVESTMENT (business), NOT SOOD.
Very nice explaination
Thank you and I appreciate your efforts. My question is any society eliminate the interest how can control the money supply or monetary policy without interest.
19:00 Isn't Profit and "Loss" sharing is different from interest? Kindly elaborate Dr sahab.
both are same
@@nothing276 how ?
Sir aisy topic's py bat kary jis say viewership bary plz plz
Spot on and well researched
Assalam alaikum Sir... Me apko kafi dino sun raha hun or bht acha laga apko sun k and pehle se Karl Marx se influenced hun, lekin abhi jo ap ne taqi usmani sahab ki baat ko misquote kia yeh khayanat hai, "Unho ne yeh kaha hai ager munafay ki niyat se de raha hai to nafa or nuqsan dono me shareek hai" sirf munafa nhi lega nuqsan ki soorat nuqsan b bare krega... and its like partnership business where someone is active partner and other is sleeping partner... by the way i am not belong to deobandi school of thought k aap samjhein me is liye unki advocate kr raha hun....
Maulana Maududi's book 'Sood' will be very useful in this regard
Excellent
سر آپ اپنے خوف کو ختم کریں اور کھل کر اپنے خیالات کا اظہار کریں۔ میں آپکو بہت غور سے سنتا ہوں اور بہت کچھ سیکھا ہے آپ سے۔ سلامت رہیں
Very well explained. I loved the way your expression changed when you said "Karl Marx ne condemn kiya".Your expression remained same while taking names of Plato, Aristotle etc. But when you took Marx's name your eyes opened wider & there was a hidden smile. Actually this happens with every Communist,more specifically with every proud Communist when they utter words like Communism,Socialism,Leftism or take names of Marx,Lenin,Che Guevara(my real-life hero),Mao,Fidel,Ho Chi Minh.
sir please educate me and put some light with respect to Hinduism perspective. thanking you in advance. regards
Good information
Very nice video. I have 3 questions: 1. Do you think rent-seeking on land especially agriculture land is also usury? (given that much of the land in the world is stolen/conquered by the landlord) 2. Why would someone give you a loan since there is always a risk that borrower will not pay back? What is the alternative model. 3. What about inflation adjustment? Since currency value always decreases with time in the current capitalistic system
I think principal amount will return back to its owner when currency devalued UpTo 50% less.
currency value decreasing is one of the side effect of interest based economy, because it can only survive on fiat currency model which is our current system , Non interest based economy is based on currency which has intrinsic value eg gold or silver, since fiat currency does not carry any intrinsic value, thus in return increases infatlion
very good questions I hope taimur Bhai answer them.... if he has not already in another video.... about 3rd , I would say may be for inflation purpose you can give loan in shape of gold or another thing that you think is more stable and inflation would not affect that... I think giving loan in gold and asking for an equal amount of gold is halal
Your lectures area great source for illumination of my thoughts. I am great fan of yours . Particularly, after listening i have started to understand in the philosophy of Karl Marx in true letter and spirit. Jazak Allah Sir. I desire to meet you some day,
مولانا تقی عثمانی کی جملہ جو آپ نے بیان کیا کہ قرض دینے والے کی مرضی ہے کہ وہ کسی بھی شرط پر قرض دیتا ہے دے سکتا ہے ۔۔۔ یہ جملہ اگر حقیقت میں تقی عثمانی کی کتاب میں موجود ہے تو ہم آپ کو سلام پیش کرتے ہیں کہ آپ نے ہمیں اس چال کے بارے میں آگاہ کیا ۔۔۔❤❤❤❤❤
Taqi usmani sb ka point ap nay adhora chor dya ap nay un ki profit wali bat to ki laykin loss wali ignore ki asal to yahi loss wala point hay
Very informative