2 ms·
It is a nice read about Qatar and covers diverse topics. What I found interesting cause I did not know is that there is such a thing as islamic economics, which
by bluepoint 4y ago
It is a nice read about Qatar and covers diverse topics. What I found interesting cause I did not know is that there is such a thing as islamic economics, which is trying to avoid the inequality between creditors and debtors and also derivatives and gambling:
> So the obvious way of doing this is simply various types of share participation where rather than making a loan, a bank takes a stake and then the person receiving the money from the bank has the option of buying the bank out progressively like it’s essentially an equity-stake type model.
Would that work in the west?
- thedailymail 4y agoThe former worked for much of Western history in the form of church injunctions against the sin of usury.