3 ms·
>isn't charging interest illegal in Islam? As a straight up APY interest charge, yes. But there is an entire industry of "Sharia finance" that exists to circum
by ramesh31 4y ago
>isn't charging interest illegal in Islam?
As a straight up APY interest charge, yes. But there is an entire industry of "Sharia finance" that exists to circumvent these rules [0].
[0] https://www.investopedia.com/articles/07/islamic_investing.asp https://www.investopedia.com/articles/07/islamic_investing.a...