The taking of interest is inimical to a stable economy
Interest causes unemployment, inflation, and environmental destruction
Interest moves money from the poor to the rich
Interest favours projects which tend to yield high profits in the short-term
Interest takes money from poor to rich
The taking of interest is inimical to a stable economy
Interest causes unemployment, inflation, and environmental destruction
Interest moves money from the poor to the rich
Interest favours projects which tend to yield high profits in the short-term
An article on Interest free lending by Rajini Bakshi :
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Today we take it for granted that borrowed money should carry an interest. The global economy rests on such interest-bearing money. This practice of charging interest is treated almost...