In many parts of Africa, the Middle East, and parts of Asia, access to financial services is either limited or unreliable. Large segments of the population remain unbanked, not because they reject banks but because banks don’t work for them. Even for those with bank accounts, the experience is fragile
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Ethical earnings must take priority over trends and not every profitable system is permissible.
Innovation does not override clear Islamic principles.
Stay tuned for the upcoming note on prediction markets
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Technology is neutral. Financial contracts are not.
While innovation continues to reshape markets, Islamic rulings remain grounded in justice, clarity, and societal benefit.
Read more and get clarity on prediction markets below.👇
https://paragraph.com/@bakaka/islamic-perspective-on-prediction-markets-majority-ruling-and-nuanced-views
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People fear losing money…
but losing iman is far more dangerous.
Protect your heart the way you protect your bank account.