How Does Islamic Banking Work Without Charging Interest? | Dr. Irshad Ahmad | Episode 194

What exactly is Islamic banking, and how does it differ from conventional banks? Dr. Mufti Irshad Ahmad Aijaz, Chairperson – Shariah Supervisory Board, ‪@biplofficial‬, breaks down the principles of ethical finance, profit-and-loss sharing, and real-world trade-based banking. Learn how Islamic banking offers a system that aligns with Shariah, avoids interest, and aims to benefit everyone in society, not just a few. 00:00:00 - Introduction 00:05:58 - Islamic Financing in Early Islamic History 00:12:28 - Islamic Banking Around the World 00:20:12 - Understanding Riba & the Concept of Islamic Banking 00:40:58 - Why There Is Urgency for Islamic Banking in Pakistan 00:55:31 - Islamic Banking & Religious Minorities in Pakistan Search ‘Talha Ahad Podcast' on YouTube, Spotify, or wherever you like to listen to your podcasts. Do not forget to subscribe and press the bell icon to catch on to some amazing conversations coming your way. 🔗 CONNECT WITH Talha 💻 Facebook -   / talhaahadofficial   📸 Instagram -   / talhaahadpodcast   🐦 Twitter -   / talhaahad   🎥 YouTube Channel -    / talhaahad   👥 Linkedin -   / talhaahad   💬 WhatsApp - https://whatsapp.com/channel/0029VaDX... 🎧 LISTEN FOR FREE Apple Podcasts - https://podcasts.apple.com/pk/podcast... Spotify - https://open.spotify.com/show/3IjM5gc... Google Podcast - https://podcasts.google.com/feed/aHR0... #talhaahad #talhaahadpodcast #bankislami