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Episode 7 - Yusuf Delorenzo and Islamic Finance in the West

Episode 7 - Yusuf Delorenzo and Islamic Finance in the West

FromDebtFreeMuslims Podcast


Episode 7 - Yusuf Delorenzo and Islamic Finance in the West

FromDebtFreeMuslims Podcast

ratings:
Length:
21 minutes
Released:
Apr 7, 2014
Format:
Podcast episode

Description

 Debt Free Muslim Podcast Episode 7
This episode is brought to you by MuslimMatters.org – Because Muslims matter.
Shaykh DeLorenzo is a member of the Sharia board for the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI). He is considered a leading authority on Islamic finance in the United States. He has translated over twenty books from Arabic, Persian, and Urdu for publication, including a three-volume Compendium of Legal Rulings on the Operations of Islamic Banks. Shaykh DeLorenzo has also been a pioneer in internet education with a course entitled "Principles of Islamic Investing." He is a member of Shari’ah boards of several Islamic financial institutions in the United States and abroad, including Dow Jones Islamic Markets and Guidance Financial Group. Shaykh DeLorenzo has served as secretary of the Fiqh Council of North America and was also an advisor on Islamic education to the government of Pakistan. Following a university education in the United States, Shaykh DeLorenzo studied the classical Shari’ah Sciences with scholars in Pakistan.
 
In this podcast we discuss:

How Shaykh Yusuf got involved in the Islamic finance field. 
Challenges faced in providing shari'ah compliant home financing
What's the next step for Islamic home financing in the US, and the need for more competition. 
Benefits of Islamic home financing over conventional financing (Islamic institutions don't go after your assets in cases of deficiency)
Islamic finance companies will be transparent when the people begin to demand it
Shaykh Yusuf's thoughts on student loans. 
What's needed for us to have a viable student loans solution. 
The importance of home ownership in the US
The importance of setting financial goals for yourself. 

--
Shaykh Nomaan Baig 
Institute of Knowledge: http://instituteofknowledge.com/
 
***
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Released:
Apr 7, 2014
Format:
Podcast episode

Titles in the series (33)

DebtFreeMuslims is a Qalam Institute project and hosted by Omar Usman and Adam Taufique. The show explores everything related to personal finance for Muslims, including home mortgages, budgeting, materialism, credit cards, student loans, marriage, and much more.