4 ms·
Islam bans stock markets and interest (though not all current so-called muslim countries) and every person who is rich (who have more than 87 grams of gold wort
by Aerbil313 3y ago
Islam bans stock markets and interest (though not all current so-called muslim countries) and every person who is rich (who have more than 87 grams of gold worth of things) is obliged to donate %2.5 of their total wealth to the poor every year. In Muslim countries, the state collects and distributes this, so it's effectively a tax. Necessities of life (shelter etc.) are excluded from total value calculation. Muslim countries traditionally took away land of people who didn't utilize it for 3 consecutive years, though idk whether this is rooted in the religion itself.