In this episode of Muslim Money Talk, host Areeb Siddiqui speaks with Adil Hussain from Islamic Finance Guru (IFG) about the powerful financial lessons found in the Quran and how they can guide Muslims in managing their money ethically. They explore stories from Surah Yusuf and Surah Kahf, the role of Bitcoin and Islamic finance today, and how Muslims can build generational wealth through tools like waqf, zakat, and halal investing.

This podcast is hosted by Areeb Siddiqui, the founder and CEO of Kestrl, the app that helps people to grow their wealth without compromise

Find out more about our app here: https://kestrl.io/

And how we help banks here: https://business.kestrl.io/

Show Notes: 

00:00 – Opening

02:17 – Adil’s background: From EY to Wahid to IFG

04:23 – Discovering Islamic finance as a young professional

08:17 – Early Islamic fintech players (Wahed, Yielders, etc.)

10:19 – Adil’s switch from data science to Islamic finance content

11:57 – Tips on creating viral, educational content

12:49 – Personal journey of discovering Quranic financial lessons

14:12 – Quran stories: The fisherman, two gardens, Musa (AS), Khidr (AS)

19:39 – Surah Kahf and the spiritual danger of wealth

21:53 – Arrogance and wealth: Lessons from Quranic figures

24:43 – Prophets with wealth (Sulaiman AS) vs simplicity (other stories)

27:49 – Story of the fishermen and divine protection of wealth

33:13 – Parenting, wealth, and spiritual inheritance

35:01 – Perpetual charity (waqf) and its modern impact

38:58 – Evergive, Bitcoin waqf, and endowments in Islamic history

42:02 – Bitcoin as an alternative monetary system

45:59 – Halal status of Bitcoin and critiques of fiat money

48:55 – The halal vs price debate in Islamic finance

50:37 – Pricing, funding, and halal savings/mortgage products

53:15 – Role of Islamic current accounts & financial conditioning

56:20 – Awareness as the main barrier to adoption

59:08 – Algorithms, Islamic content, and social media reach

01:00:15 – Wahed’s viral Mufti Menk campaign and media reactions

01:04:39 – Marketing, awareness, and IFG’s educational mission

01:06:52 – Final thoughts: competition, growth, and community responsibility