We all know interest is haram, right? Well here are ten times it is a little more complicated - and why. Let us know what you think in the comments below and share this video with someone to spread the knowledge.

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Remember, with investing, your capital is at risk. This is not financial advice. If in doubt, always talk to a financial advisor.

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TIMESTAMPS
00:00 - Interest is haram, right?
00:54 - Point 1: Ba'y al-Araya
02:04 - Point 2: Necessity
02:54 - Point 3: Car finance?
03:38 - Point 4: Penalty clauses
04:59 - Point 5: Bank accounts
05:59 - Point 6: Credit cards
07:00 - Point 7: Student loans
08:08 - Point 8: Hadith of Aisha
09:35 - Point 9: Working in a bank
10:36 - Point 10: If someone has earned money through interest
11:42 - What to take away from this video

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Who are we:
We are two Oxford grads who have studied Islamic finance both at uni and classically for over 6 years. We quit our corporate law jobs to go full-time on IFG in 2020. We are on a mission to help 25% of the world's population with their personal finances.

Islamic Finance Guru (IFG) is an Islamic finance comparison and analysis site that helps people with their investment, personal finance and entrepreneurial journeys.

We do this for one reason: to make our community better-off. We want to take Muslims from being among the poorest in society to the richest. We think that this is the most effective way to deal with problems like discrimination, under-representation and poverty. For more about the team visit: https://www.islamicfinanceguru.com/ab...
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