The New Frontier E004: Bitcoin and Islam with Bitcoin Majlis

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: https://x.com/BitcoinMajlis
Muslim Bitcoiner on X: https://x.com/MBitcoiner
Their website: https://bitcoinmajlis.org/
The Muslim Bitcoiner Podcast: https://podcasters.spotify.com/pod/sh…

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