Economics Arctic

However, from the standpoint of reason, is interest plausible? If it cannot be justified from the standpoints of reason and justice, then…

The protagonists of an interest-based system speak of the benefits that accrue to individuals and institutions and are of the view that…

In the money business, the basic factor encouraging moneylenders to determine an interest rate is the gravity of the borrower’s need. If…

The scourge of interest can be checked effectively only by closing its floodgates first. As long as interest remains legal, there will…

It is quite clear that in today’s interest/usury-hungry world, we cannot expect to get an interest-free development loan for national needs. The…

‘Can an Islamic government, in an age of interdependence, achieve any progress by declaring as totally Haram, all economic, military, and technical…