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alhamdulillah Alum peace be unto you
greetings of Peace for all of the
viewers who are tuning in from all over
the globe and there are many of you who
are about to attend college and it costs
big money and how do you get into
college without getting into the riba
without getting into the Usery without
getting into the interest based loans
we're going to give you some tips and
trips how to reduce the debt and how to
avoid the
interest all of this and more on this
week's important episode here on the D
show when we come back don't go
anywhere this is the
the this is
the this is the de
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this is the
the
the this is
the this is the is
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the PE you on saam great to meet you
Eddie great to meet you too how you
doing alhamd I'm doing great very happy
to be here today so your organization
continuous Chari is is that what it's
called yes a continuous charity a
continuous charity helping people
students primarily people who are trying
to go to a higher level of Education not
to fall into the interest not to fall
into the user is that right exactly
that's where our mission is uh before we
get into you know some of these tips and
tricks let's define because some people
are like what's the big deal we know
that in Islam the way of life that was
continued to be spread through all the
messenges of God there was a code of
conducts there was moral regulations
ethical everything business nothing was
left out and interest was one of those
things that Not only was it prohibited
throughout Christianity Judaism in
earlier times you know many uh countries
had outlawed it Islam to this day
continues to prohibit interest user in
common terms the Layman Logan shark and
we call it you know what I mean it can
you tell us you know a little bit so
people can kind of get in tune with when
we talk about interest why is this
something that Islam is so firm L
against well that's a great question
interest is something that ensures that
the majority of the population will
remain poor while a small portion of
that population will remain wealthy
imagine this scenario imagine if you're
a guy and you're poor and you want to
buy a car versus another man who's
wealthier and he wants to buy that same
car the wealthier person can go and just
buy the car pay the $110,000 for it and
now he owns the car the one who is poor
though he'll have to go and take out a
loan maybe that has interest on it and
he'll end up paying more for that exact
same car than the man who is wealthy and
thus making him go further into debt
another challenge of interest and the
reason it was forbidden by every group
is that you're making money off of money
itself rather than selling a service or
selling a product or doing some type of
work because you're rich because you're
wealthy because you have a lot of money
stashed away somewhere you're able to
then loan that out with guaranteed
interest on it so that the rest of the
societ is paying you more to use your
money and then that makes the Richer
rich and then the poorer poor this is
one of the Reason Not only Islam but
every single major religion out there
and even countries and Nations and
Empires forbid the use of Interest or
riba because what it would do is it
would polarize wealth within that
Society it would ensure that those who
are wealthy are wealthy just because
they're wealthy and those who are poor
who need the money to buy legitimate
things that they will get into further
debt and Islam the prophet Muhammad
sallallahu alaihi wasallam may peace and
blessing of the almighty be upon him he
was staun in forbidding the use of
interest and riba and it is something
that even during the final sermon that
Prophet Muhammad peace be upon Him gave
to humanity where he said that there is
no better person amongst you that a
black man is no better than a white man
white man no better than a black man and
one of the main things he emphasized is
to stay away from interest to stay away
from using ribba because it will
economically enslave you today we're
living in a country in a world where not
only individual but entire nations are
inbt and enslaved to other people in
fact what our organization does
primarily is with student loans and in
the United States student loans is
actually higher now than the home loans
that people have it is the single
largest debt in the United States and
why is it like this it's because these
lenders they know that people need an
education to go to school they need to
get a good degree they need to be able
to have an higher education and Islam
encourages getting an education but what
they do is they give these loans with
high interest knowing that this
population going to take those in
interest paying loans and yet it'll take
them months years decades to pay him
back in fact I was at a convention
recently with nna and I met a man who is
60 years old and he's a well-to-do
person he's very well off and he still
hasn't paid off his college loans and
now his children and now even his
grandchildren are eventually going to go
into school so it shows you the evil
that interest has on the society it
enslaves an individual it economically
binds them that they have to work just
to pay off a debt that they took many
years ago absolutely we see that Islam
you know one of the major misconceptions
is that is a new religion brought by
Muhammad but we know that Islam is the
same way of life that was lived through
all the messengers Jesus Moses Abraham
they all call people to worship the
Creator not the creation we always like
to simplify things here on the dean show
adulter is forbidden gambling you know
alcohol uh the use of of drugs all of
these things that are detri a detriment
to society and one of them we're talking
about today is interest it's interesting
that you know when you look at um what's
left today of the Bible for instance you
see that in there it is the call to
worship the Creator not the creation you
see you know Islam is actually in the
Bible remnants of it are still there
even though it's been changed but you
see for instance in Leviticus it says do
not take interest of any kind but fear
God also in Exodus it clearly says if
you lend money lend it without interest
we see Jesus who we love no muslim is a
Muslim unless he believes and loves
Jesus one of the mightiest Messengers
God ever sent he actually had a whip and
he whipped the money changers who are
pedaling in the in the um house of
worship this is amazing so uh this is uh
something that we are still continuing
this tradition till today because it's
the pure tradition so another example
can you take off from here isn't an
equivalent to also I said lone sharking
you know Knuckles comes and gives you
$100 you know what I mean and then he
says okay go ahead here's 100 but after
you know one one year you got to pay him
two 3,000 back exactly and actually this
is a really good example that you came
up with is that one of the reasons that
every single religion forbid the use of
interest is because it is a form of
Oppression that exists within that
society and even in Islam the forbidding
of interest is a example of loan
sharking because what loan sharking is
is that I'll give you the money you need
right now in order to get even
legitimate things but you'll have to pay
more back for it and what that does is
it then forces that individual that
every day they don't pay it back they
get further and further and further into
debt and of course Loan Sharks just like
modern day lenders they target those
people who are easy to Target which are
students and um even we have a situation
where students it's almost impossible to
go to college and it's almost impossible
to get higher education unless you take
out interest bearing loan and what that
means is that entire generation of
people are now enslaved to this enslaved
so we're going to teach you how not to
educate you so you don't get Shackled by
this and you enslaved your whole life by
being in debt and then you're also
incurring the anger of the one who
created it who wants the best for you
and he knows best so we're going to be
educating you some more here on the dean
show don't go anywhere so say he Allah
is one God is
one the maker of mankind exactly Allah
who Allah is self-sufficient he doesn't
food or drink he doesn't need to rest on
the seventh day okay I really had a
problem with that even before I knew
anything about Islam God resting sounds
like a weak
God he begets not he doesn't have any
children nor is he a child or born of
anything or
anyone and there is nothing coal or
comparable unto him at all nobody
nothing anything we can imagine nobody
nobody's comparable to the Creator
nothing yeah and that right there was in
its Essence what I believe natur
back here on the D show very important
topic very important because today you
end up getting this interest and like
you mentioned an individual now will go
to school four years six years eight
years however many years and then his
whole life her whole life they'll be
enslaved on paying off because you get a
$50,000 $100,000 loan by the time you
end up paying it off you've got almost
incurrent 800 thou quadruples right so
we want to talk about more about how not
to get enslaved and the Creator is
telling us now the severity of this in
the Quran so we will talk more about
this what the Creator is saying I
mentioned what we have left in the Bible
of this what is the creator saying about
interest in the Quran so actually what
Allah subhana wa ta'ala Allah God
Almighty he says the Quran is that it is
very harsh the punishment for those who
uh give interest write the contract for
interest or take interest in fact Allah
subhana wa tala God Almighty he says he
never in the Quran declares war upon
anybody except for those people who
engage an interest in fact it's
described that if you engage an interest
then when you're resurrected on the day
of judgment that you'll be given weapons
and you'll be told to go and go to war
with Allah subhana T and his messenger
why because interest is a form of
economic Warfare that exists within this
world as well in fact another very
strong Hadith uh is that interest it
divide into 70 categories the least evil
of all these 70 categories would be
equivalent to you uh committing Zena or
doing a sexual act with your mother in
front of the Caba right so the way
interest is described in the Quran is
something that's very very uh terrible
very evil to do and of course the reason
is because in Islam giving a loan is
something positive giving somebody a
loan to buy something legitimate is
something a beautiful blessing in fact
it's a form of Sak and what people do is
that they use what should be good what
should be as a means of getting blessing
for themselves and they add their
percentage to it to make sure that that
person will pay them more just because
they gave them money so loaning people
money is something very legitimate
something encourag but loaning people
with interest is something that is of
course forbidden something that we
should all stay away from now we know
that when um Islam when it was the
superpower of the world for at one point
from what is it around 800 to 1600s uh
we see that there were no interest based
loans and people were prospering you
know there was abundance of wealth to
give out because some people people will
say well then H how how can the system
work what would you say well actually
you'll find that when a system an
economic system does not loan with
interest that economy Rises look at
America after the economic recession
happened what did the federal government
do they lowered interest rates right and
the big concern is they're going to
increase those interest rates again
after the recession happened you could
actually go and buy a car with 0%
interest why what does that do because
now people are not buying your product
you see when you have interest a person
isn't buying anything they're not going
to your shop they're not going you have
a a martial arts St downstairs they're
not going to these places their money
that they make goes into paying the
interest on their loan that weaken an
economy and then it actually fractures
and destroys an economy so this is why
the Islamic State was able to rise and
something unique Eddie that many people
don't know is that the Ottoman Empire
one of the last thing that happened
before they eventually collapsed and
were uh taken over is that they for the
first time took out loans that had
interest on them in order to pay to
westernize their empire so actually one
of the last asked that the arm part is
they got into debt for over hundreds of
years they were never in debt and then
they got into debt and then shortly
afterwards they collapse there is a
direct correlation because when your
Empire or when your country is in debt
and it's an inter sparing debt it means
that there's a high chance you'll never
be able to get out of it and that's what
creates chaos yeah we can when we study
we see from history when they were
abiding firmly by the Quran and the
Sunnah the verbatim speech of the
Creator and the example of the last and
final mess they were prospering weren't
they now you gave a great example now
they went against this and you see they
collapsed exactly and tell us now I I
compared it one more point you know the
the loone shark and and now these
Bankers they got the loan sharks off the
street but took this business over right
and this is one of the saddest realities
that we see is that the difference
between a loan shark and a banker is the
amount of Interest they charge so a loan
shark might charge 300% interest while a
banker will charge maybe seven eight or
10% interest the the challenge is that
it's still interest you're still having
to take out a loan in order to go to
college you still have to take out a
loan in order to get a house you have to
take out an interest Bing loan to do all
of these very legitimate things and the
reality is that there has to be a better
way when I can buy a house and if
there's a day that I can buy a house I
can go to school without have with maybe
I'll take a loan but without interest
that means I know exactly how much I
took I know that every dollar I give
goes into recre that loan rather than
every dollar I give goes maybe into even
just paying off the interest there are
some people today who whenever they pay
off their loan they're not paying a
single dollar off of their actual loan
they're only paying the interest on that
loan which means again they'll never get
out and this is something that as
Muslims and as people of all Fates or no
Fates we should stand against this type
of economic system we should be able to
stand up and say we want another option
that we want to be able to take out
these loans and but not pay interest on
them and when you have 0% interest the
economy Rises when you have 0% interest
people go out and they buy things
they'll buy Services when you have zero
interest you will actually grow many
people um because it seems like for for
a lot of people This is complicated but
when we simplify it people like yes
would you rather be paying a mortgage
payment or a loan that's let's say 2,000
a month now you're giving back but
actually
1,700 70% is going towards just the
interest if that you know what I mean so
in Islam it's like how do you do it if
you lend lend the Lend the money there's
no interest you don't go ahead and
exploit the people and then we see now
during this uh financial crisis where
people were losing their homes even if
they had paid off let's say 60% they
still lost the home they didn't care it
was taken away can you expound on this
right so part of the way that Home Loans
work inside the United States is that
the bank buys the home or actually they
give you a loan and then you buy the
home the challenge is that until you pay
off your entire mortgage you don't
really have access to the house so when
people when the recession hit and people
basically lost their jobs and they
weren't able to make those monthly
payments the government threw them on
the street or the banks they threw them
on the streets now that makes no sense a
person needs a place to live the bank
will get its money back but maybe for a
few months they can't they can't pay
their mortgage so this type of thinking
this thinking of forgetting that these
are human beings and I just looking at
the numbers this person is a number to
me how much can I loan him and how much
profit can I make off of him when that
happens psychologically within the banks
or The Economic Institutions collapse
will happen and failur will happen we're
going to take a break and now you can
see why Allah the Creator the one who
loves you he's severe in detering you
from going towards these things that's
why you will see that Islam is there to
protect not only you as an individual
but the whole society as a whole will'll
be right back with more to give you some
tips and trips how to reduce getting
into debt your debt and educate you on
how to get non-interest based loans for
school we'll be right
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back take that simple step that you ask
your maker to guide you that he'll guide
you yes I I I advise this a lot so for
people are searching put your head on
the
floor in the in the in the state of
frustration like all the prophets did
and ask the creator of the universe to
show you the way to guide you to the
straight path and someone who sincerely
asks for guidance subh they'll find it
in Islam that's it
back here on the dean show and I'll
start off this next section uh with a
brother that I know he actually went to
dental school okay his brother uh Ramy
it's a good friend of mine and what he
did was mashallah he was determined to
go to dental school so what he did he
went to individuals one by one people
with money and he got a bunch of
different loans from let's say this
doctor this friend this colleague until
he was able to acquire enough now money
loans without interest and he just
recently completed
his degree in in dentistry amazing so
that's one thing that you know from his
experience we can share what are what
other the things and uh before we get
into your program can people do some of
these you've done a video on some tips
and tricks how to reduce your debt and
then we'll get into how what what people
can do to not get into these loans right
that's a fantastic question you know on
our website a continuous charity.org
part of our mission and part of our
vision is to create an online
educational platform where people can go
and learn on how to reduce their debt
some basic tips if you're going to
college is number one try your best not
to live on the on House camping try not
to live in the dorms as they say because
the dorms are designed order to make
profit for the actual University also
what you should do is try not to get a
meal plan the meal plans is basically
they'll give you two meals a day or
three meals a day but they over inflate
and overcharge so that's another Avenue
you should try to avoid a third thing
you can try is when you go to school try
to have a part-time job while you're in
school as well even if you work only on
the weekends even if you make a few
hundred a month that's a few hundred
less than you'll have to pay on interest
another thing is apply for scholarships
you'll be surprised many many
scholarships never get applied for so if
you're going to school if you're going
to college apply for these scholarships
you might actually get some of these
scholarships and it might really
surprise you as well and there's a list
of things that people and students can
do in order to make the burden of going
to college a little bit less another
idea depending on what you're studying
of course is if you go to college try
going to community college for the first
two years and then going to normal
College afterwards again you have to
check whether that college will accept
those credits and also some program like
medical and whatnot they won't accept
that but for many degrees and many
programs you can do this and it does not
lessen your other degree as well so
there are just some advice that people
can do now your organization clearly
there's no interest whatsoever in these
loans that you guys give so something
unique about a continuous charity is
that we are a nonprofit we're not a bank
so what we do is we basically if we loan
somebody $10,000 they pay us back
exactly $10,000 the way we do that is
we've started this very unique program
and our concept is that we work with
Muslims all across the United States and
we partner with their Islamic centers
the goal is that every single Islamic
Center every single musjid should think
how are we going to get our kids through
college without taking on interest
bearing debt and interest bearing loan
and when they think about about that we
go to these communities we help them
raise local pools of funds and then we
basically administer it so if you're
going to a mjid in Chicago and they
raise $50,000 then you because you live
in Chicago you should have access to
that money and again when you take out a
loan you're paying it back and the idea
is that that money never goes down so
every dollar we raise with A continuous
charity is $1 less that's going into
riba and of course you know the older
generation they use their loans to go to
college and then they pay it back and
it's Avail for the next generation and
then the next generation and the Next
Generation that's even why our our name
comes from our name is a continuous
charity which comes from a Hadith of the
Prophet sallallahu alaihi wasallam uh
that says that when a man dies all of
his deeds stop except for three the
first is SAR a continuous charity the
second is n beneficial knowledge that
helps the society after that and the
third is a righteous child uh that prays
for him so our idea is that every loan
we give out isn't is a because we give
to this person he pays it back
immediately that money is recycled and
given to somebody else so we're hoping
to create this conversation amongst the
Muslims across the United States and
insh across the world that we should not
be defe you know we are Muslims we are
the ones who Allah subh says that you
are the best of Nations and when there's
Injustice in the world that we should be
the ones leading the charge against that
Injustice and interest bearing loans
affects everybody regardless of race
ethnicity now I believe that Muslims we
are in a unique
ability in order to challenge this in
the United States and if we're able to
do that here and make a mile that works
then inshallah the entire world is well
I think everybody doesn't matter if
you're if you're someone who's just
levelheaded and doesn't matter how much
you hate Islam once you get to know
Islam and the justice of Islam the
fairness of Islam I think now they would
even come to you to say give us the loan
rather than you know these guys are just
out charging us these outstanding
outlandish interest rates and that so um
this is just just the the common sense
way to go right actually let me give you
one quick story when we opened our
account uh in at Bank of America we
actually went and spoke with the uh bank
manager there and she also does
Investments as well so she said what do
you guys do and we told him that we give
out the non interest interest based loan
so people can go to college and then she
stopped and this is a non-muslim lady
she works at the bank and she looked at
me and she said can you please fix
America a non-muslim lady who works at
the bank who works at the economic
institution realize that what we're
doing is so amazing so fundamental and
again it's all from our one cre because
as you mentioned God he loves us and he
creates an economic system a political
system a worshiping system in order for
the human being to have peace
tranquility and Justice in their life
and a non-muslim understand that Muslims
should understand that and I hope that
we're able to really benefit you your
community uh by giving you these non-
based loans and inshallah God willing
you can invite us and we can help set
this up in your community as well all
we're almost out of time you also have
some Scholars one has been on the show
shik Ibrahim zadan and some others
who've looked at your operation how it
works and they've also backed this yes
so uh Sheik Ibrahim Zan and many others
have looked at the way our organization
works and they backed it because again
we're a nonprofit if we are for-profit
Corporation I don't think we could
operate uh but because we're nonprofit
every dollar we get we loan it out to
somebody else we take 5% for
administrative fees just to keep our
office and staff running and that's it
that's as simple as the organization
works and now again how can people get a
hold of you or get involved in this
program now if they also want to
contribute or to go ahead and get a loan
from you guys uh two main ways first of
all if you want to partner with us if
you think this is an important program
that you want to bring to your community
please contact me go to www. acontinuous
charity.org and then invite us to your
community and help us set up your the
first uh investment program in your
community so that way people can donate
in order to help your students go to
college and you guys get our priority
for that and secondly of course uh just
visit our website a continuous
charity.org and all of our information
is there may God Almighty the cre
rewards you thank you so much for being
thank you so much Ed it's been a
pleasure thank you and there you have it
another Avenue that you can pursue to go
ahead and get your degree but you can do
it in a way that's not going to that's
not going to harm you in the future in
this life and definitely in the next so
you see we're replaced it with something
better you can go ahead to this
organization instead of getting involved
in riba Usery and interest lone sharking
you can go ahead and do it the right way
so when we go ahead and we take
something we replace it with something
better so now you're leaving off the
alcohol we replacing with all these
hundreds of juices fruit juice this
juice that juice go ahead and and we
replacing the dating fornication with
marriage the Halal way the H style
worshiping stick Stones men and women
leaving all that junk off and worshiping
the one that created you Islam is just
it's for all it's the way of life that's
merciful that's kind it's from the
Creator the one who made you that's
right the one you're going to return
back to and he's giv you a system away
and if you follow it you got Jenna you
got Paradise at the end if you go away
from it Hellfire is there none of us
want to imagine that we end up there but
it's a place it's been created we want
to avoid it we want to end up in Jenna
so follow the way that's pleasing to
your creator before you meet your
creator follow us on the Facebook
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contribute to the dean show so we can
continue we continue delivering this
message to the world we'll see you next
time until then peace be unto you