Is Capitalism Destroying Us? Riba, Fiat Money & Islamic Wealth — Dr. Omar Javaid | Ep 129

Is the global financial system rigged against ordinary people? What does Islam really say about money, wealth & economic justice — and how is it radically different from capitalism AND socialism?Dr. Omar Javaid, Associate Professor of Entrepreneurship at the Institute of Business Management, Karachi, breaks down one of the most misunderstood topics of our time: Islamic Socioeconomics.From the hidden dangers of fractional reserve banking to why so-called "Islamic banks" may not be Islamic at all — this conversation will challenge everything you thought you knew about money, ownership & the role of the state.━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━🔍 WHAT YOU'LL DISCOVER━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━→ Why "Islamic Economics" is the wrong term — & what Islamic Socioeconomics actually means→ The real difference between capitalism, socialism & the Islamic model of wealth→ How fractional reserve banking quietly steals value from ordinary people via inflation→ Why modern Islamic banks avoid Musharaka & Mudaraba — the very partnerships Islam encourages most→ How capitalism commoditized money, labor & land — and why Islam forbids all three→ The concept of alienation: what Marx and Islam surprisingly agree on→ Why the modern state is an "amoral machine" incapable of building a truly Islamic economy→ Whether Iran's post-revolution economy was truly Islamic — or just rebranding→ Gold, silver, fiat currency & what a truly Islamic monetary system looks like→ Why Islamic finance institutions with "halal" stamps may be doing more harm than good→ How entrepreneurship & small business are closer to Islamic values than corporate employment━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━👤 ABOUT DR. OMAR JAVAID━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━Dr. Omar Javaid is an Associate Professor in the Entrepreneurship Department at the Institute of Business Management (IoBM), Karachi, Pakistan. His work bridges Islamic economics, entrepreneurship & social sustainability. He is the author of Social Economic Sustainability Through Moral and Social Capital: The Tale of Three Enterprising Communities (Springer, 2024).━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━🔗 CONNECT WITH DR. OMAR JAVAID━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━📘 Facebook → https://www.facebook.com/dromarjavaid/💼 LinkedIn → https://www.linkedin.com/in/javaidomar/📄 Research → https://jibm.org/wp-content/uploads/2024/03/2-1.pdf📚 Springer Book → https://link.springer.com/book/9789819681334🔬 ResearchGate → https://www.researchgate.net/profile/Omar-Javaid-3/research━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━📌 STAY CONNECTED WITH KIANISTAN━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━🔔 Subscribe for geopolitics, economics & civilizational conversations🎧 Listen on all major podcast platforms — search Kianistan🌐 Website → www.kianistan.com💼 Sponsored by → www.worldwidelistings.co.uk