This is exactly why in Islam , interest is forbidden . If the rich - TopicsExpress



          

This is exactly why in Islam , interest is forbidden . If the rich guys knew that they will not get returns of their money that are thrown in the banks , and money by definition depreciates , then they will seek investments and risks to get returns. Thus, investing more money into projects that are run by middle class and poor people . Ultimately, converging to an economic cycle that is healthy and the wealth is based on risk sharing . However, as long as there is interest , the rich is getting richer and the poor is getting poorer as the banks and financial mediators are taking the richs money and lending it to the poor , therefore , acting a channel of fund transfer from the poor to the rich .
Posted on: Sat, 29 Mar 2014 19:58:45 +0000

Trending Topics



ext" style="margin-left:0px; min-height:30px;"> We are pleased to announce that Extreme Performance Horses will up
मित्रों आप लोग पूछते थे

Recently Viewed Topics




© 2015