What the Bank of England Governor Promised His Muslim Neighbour

Description

Mohammed Paracha is a Partner and Head of Middle East at Norton Rose Fulbright, one of the world's largest law firms. He began his career in the early 2000s and has become a pioneer of Islamic Banking. Beyond his law career, he’s also the co-founder of Nester, a regulated Shariah-compliant investment platform in the UK. Earlier this year, Mohammed also completed nearly 10 years of Islamic studies to become a qualified scholar. Connect with Mohammed Paracha: https://www.linkedin.com/in/mohammed-paracha-977873b/ https://nester.com/ 00:00 Introduction 01:53 Early Days of Islamic Finance in the UK 04:33 The Governor of Bank of England Story 06:40 Creating the Legal Framework for Islamic Finance 07:29 "Golden Age" of Islamic Finance 9:37 Why High Street Banks Withdrew from Islamic Finance 12:03 The Future of Islamic Banking in the UK 16:39 Paracha's Journey into Islamic Finance 22:49 Moving from Law to Investment Banking 25:24 The Birth of Nester 29:42 Fixed Returns and Sharia Compliance Debate 34:50 Branding Challenges in Islamic Finance 37:53 Biggest Shock Building a Startup 39:24 Advice for Aspiring Islamic Fintech Founders 45:25 Completing 10 Years of Islamic Studies 49:06 Applying Islamic Scholarship to Business _____________ Muslim Founder Podcast - conversations with leaders who have built successful companies and organisations. Our mission is to inspire Muslims to build things that empower the ummah. _____________ Connect with Sohaib: https://www.linkedin.com/in/sohaibash/ https://www.instagram.com/sohaibashraf97 https://twitter.com/sohaibashraf97