Early version. Transcripts and tags are labelled by accuracy tier. A position is shown only after two independent reviews have found it in his own words.
Mufti Abu Layth ArchiveBeta
Subscribe on YouTube Support on Patreon

Sources and names › Person › Adam Smith

Person

Adam Smith

Cited in 2 segments across 1 recording · 2017 · person/person:adam-smith

Citing segments

Newest first. Each opens the whole segment, not a bare quote.
19 Oct 2017video How did Adam Smith and industrialisation change attitudes to greed and lending? Adam Smith's idea of the pursuit of self-interest and the industrial-era promise of a better tomorrow changed a mindset in which greed was simply evil and nobody would lend. These are ingredients of the modern economy the Quran did not address. Lessonposition checkedAdam SmithThe Wealth of Nationsriba machine4 min 40 s36:59on YouTube
19 Oct 2017video Why did the Quran declare war on riba? The Quran declared war on riba because of the tyranny of a loan-shark culture in a world of finite money, which modern banking does not resemble. The only similarity is that more is repaid than taken, which banks explain by inflation and motivation. Lessonposition checkedribaQuran 2:279 (be informed of a war from Allah)Adam Smith machine4 min 22 s49:44on YouTube