Nice to get a callback to previously acquired knowledge with what I assume is an arabizi
(sp?) handle.
replyIslamic trade is certainly one of the best models out there but I think in many cases in practice it is still applied subversively.
It is not enough to ban mechanisms like usury, designed and intended to exploit.
One has to go after the very subversion of legitimate practices for illegitimate goals.
reasonable interest rates aren't exploitation. Business Loans serve a critical role in economic activity by putting free cash to more productive use.
replyAll interest is usury in Islamic Law (and the laws before it such as Christianity and Judaism). There are ways to to put free cash into productive use without exploitation.
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