The New Frontier E004: Bitcoin and Islam with Bitcoin Majlis

Onramp Media Special Feature! ~ The New Frontier from Onramp MENA ~ Subscribe to Onramp MENA's YouTube channel to catch new episodes of The New Frontier podcast! In this episode, Abdullah and Salah from Bitcoin Majlis discuss the growing relevance of Bitcoin within the context of Islamic finance. They explore how Bitcoin’s core principles align with Islamic teachings, particularly in its role as anti-riba money. The conversation also covers the motivation behind creating Bitcoin Majlis, a platform dedicated to educating the Muslim community about Bitcoin as a sound money alternative. Through this discussion, the episode offers unique insights into how Bitcoin can serve as a more ethical and moral financial system, potentially transforming the economic landscape for Muslims worldwide. Make sure to check out: Bitcoin Majlis on X Muslim Bitcoiner on X Their website The Muslim Bitcoiner Podcast 00:00 Introduction 04:05 Bitcoin Majlis: Promoting Bitcoin to the muslim community 07:30 Bitcoin as anti-Riba money 09:52 The role of Islamic Finance and Banking in the adoption of Bitcoin 15:56 Understanding the Entrenchment of Riba in the Fiat System 21:17 Bitcoin: a path to ethical and moral financial systems 26:00 Bitcoin's Impact on Society and Morality 33:35 Bitcoin's Incentive for Long-Term Sustainable Investment Decisions 40:14 Bitcoin as a Solution to Islamic Finance 41:43 Proactive Approach to Taking Down the Current System 48:08 Education and Gradual Investment in Bitcoin 52:05 Preserving Wealth and Ensuring Inheritance with Self-Custody 57:10 Volatility and Fixed Supply in Bitcoin 01:08:41 Comparing Energy Usage: Bitcoin vs Fiat 01:14:37 Grants Program to Engage Muslim Scholars with Bitcoin The New Frontier is a dynamic, bitcoin-centric podcast that bridges the gap between the transformative world of Bitcoin and the unique financial landscape of the Middle East, covering both conventional and Islamic finance. Join us as we uncover the potential of Bitcoin to secure and propagate purchasing power through time, making it the essential asset for savvy investors in the region and beyond. Check out our Website: http://www.onrampmena.com Contact us: https://www.onrampmena.com/contact-us