How Are Islamic Banks Making Billions in Profits? Are They Really Following Mufti Taqi Usmani?

#Raftar #Raftardocumentary #islamicbanking How Are Islamic Banks Making Billions in Profits? Are They Really Following Mufti Taqi Usmani? Please support us by subscribing to our channel, sharing our content, and engaging with us. Even if our work doesn't resonate with you, we'd appreciate your feedback. Raftar is not merely a content company that produces meticulously researched, high-quality videos about the economy, youth issues, gender roles, and sports. More than that, we represent a movement for social change. We cannot make a difference without your participation and support. For more amazing content, SUBSCRIBE NOW! YouTube    / @raftartv   YouTube    / @raftarnewsofficial   YouTube    / @raftarsports   Website: https://raftar.com/ 00:00:01 - The Great Divide: Is Islamic Banking Really Islamic? 00:02:16 - Understanding Riba (Interest) and its Severe Condemnation 00:04:09 - Capital Circulation vs. Exploitation: The Islamic Economic Philosophy 00:06:09 - The Illusion of Money: How Fractional Reserve Banking Works 00:08:40 - Can Islamic Banks Justify the Fractional Reserve System? 00:11:12 - The Cryptocurrency Fatwa vs. Fiat Currency Reality 00:12:19 - Fixed Returns and the Use of KIBOR in Islamic Banking 00:16:39 - Profit and Loss Sharing: Why Depositors Never Face Losses 00:19:18 - Central Bank Policies and the Loopholes Exploited by Islamic Banks 00:21:21 - The Spread: How Banks Profit from Current Accounts 00:24:43 - The Rise of "Mufti Deposits" and Bank Earnings 00:28:03 - The Ground Reality of Musharaka and Mudaraba in Pakistan 00:32:02 - The Geniza Documents: A Historical True Interest-Free System 00:33:26 - Conclusion: Shariah-Compliant Alternatives vs. True Islamic Finance