The Genius Muslim Who Built a $1B Company By Challenging The Banking System

Raafi Hossain is the co-founder and CEO of Fasset, a stablecoin-powered digital bank built for emerging markets.Born in Dhaka, he studied at Harvard and worked at the UN before starting the company in 2019.Today Fasset is valued at $1 billion, with more than 3 million wallets across 125 countries and $40 billion in annualised transaction volume.In this episode, he breaks down why almost all of crypto is a scam, how he gets regulators and politicians to say yes, and why he thinks Sharia compliance is the wrong way to think about Islamic finance.Find out more:https://www.fasset.com/https://www.instagram.com/raafihossain/https://www.linkedin.com/in/raafihossain/-------------------Hire My YouTube Strategist (Ideas, Titles, Thumbnails) - https://trakyo.link/91546e9f-------------------0:00 - Introduction4:14 - The Five Banks Standing Between You and $1007:01 - Why He Says 99.99% of Crypto Is a Scam8:55 - The Official Who Told Him to Come Back in 207410:23 - The Person Every Regulator Actually Answers To16:15 - John Smith Clears in Seconds, Muhammad Ahmed Doesn't21:20 - Why He Calls Sharia Compliance a Colonial Mindset27:55 - The American Banking Problem He Didn't Expect36:44 - Why He Thinks Western Muslims Are Too Comfortable40:54 - The Medina Parable He Uses When Onboarding New Hires-------------------Subscribe to the Muslim Founder Newsletter: https://muslimfounder.kit.com/32ea939dddFor the latest updates on events, programs and announcements.