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Interest is sinful in all Abrahamaic religion. The Quran mentioned that lending money is social act and shall not be made a business. You can sell items by ins

Interest is sinful in all Abrahamaic religion. The Quran mentioned that lending money is social act and shall not be made a business. You can sell items by installment directly, but you must be the direct seller and the buyer actually pay to you, not to the bank who covers the buyer money and paid it to you. Theres a lot of verse in the Quran that explain about how to trade, loan, etc.

diego_moita 8y ago
> Interest is sinful in all Abrahamaic religion. It predates Abrahamic religions. Even Aristotle complained about lending and interests as being "unnatural".
- seanmcdirmid 8y ago
  I don’t think Aristotle predate Abraham, who could have been mythical anyways (Aristotle was real of course). Abrahamic religion copied a lot from other religions/myths at the time (like the flood coming from the Epic of Gilgamesh), surely sentiment against usury could have been one of those. But then again, Jews became the bankers of Europe because Christians at the time were against it as well.
  - mschuster91 8y ago
    > But then again, Jews became the bankers of Europe because Christians at the time were against it as well. Jews actually had few other job options left to them. Antisemitism was really really widespread throughout entire Europe.
    - Fnoord 8y ago
      TIL for me. Do you have a source for that though?
- pbhjpbhj 8y ago
  Aristotle is c.300 BC, Exodus includes statements against usury and dates from before 500 BC (that's pretty much the upper bound AFAICT).
- davidf18 8y ago
  In the Jewish Torah Jews cannot charge one another interest but they may charge non-Jews. AFAIK Islam adopted the same interpretation, but perhaps it applies to everyone Islamic or not. As wealth increased over time and people wanted to borrow a lot of money to for example, build factories, the Rabbis had to make constructs that enabled lenders to charge "rent" on money -- "the heter iska"

diego_moita 8y ago

> Interest is sinful in all Abrahamaic religion. It predates Abrahamic religions. Even Aristotle complained about lending and interests as being "unnatural".

seanmcdirmid 8y ago
I don’t think Aristotle predate Abraham, who could have been mythical anyways (Aristotle was real of course). Abrahamic religion copied a lot from other religions/myths at the time (like the flood coming from the Epic of Gilgamesh), surely sentiment against usury could have been one of those. But then again, Jews became the bankers of Europe because Christians at the time were against it as well.
- mschuster91 8y ago
  > But then again, Jews became the bankers of Europe because Christians at the time were against it as well. Jews actually had few other job options left to them. Antisemitism was really really widespread throughout entire Europe.
  - Fnoord 8y ago
    TIL for me. Do you have a source for that though?
pbhjpbhj 8y ago
Aristotle is c.300 BC, Exodus includes statements against usury and dates from before 500 BC (that's pretty much the upper bound AFAICT).
davidf18 8y ago
In the Jewish Torah Jews cannot charge one another interest but they may charge non-Jews. AFAIK Islam adopted the same interpretation, but perhaps it applies to everyone Islamic or not. As wealth increased over time and people wanted to borrow a lot of money to for example, build factories, the Rabbis had to make constructs that enabled lenders to charge "rent" on money -- "the heter iska"