Islamic economics
Carl Remick
cremick at rlmnet.com
Wed Aug 26 06:34:46 PDT 1998
Re JBRJr's: " Let me note that there is an economic aspect to this
in the form of Islamic economics, that gets pushed by
Islamic fundamentalists, including the Wah'habists. In
virtually all of the Islamic Shari'as is the forbidding of
interest (riba), found vigorously expressed in the Qur'an.
There is now a worldwide Islamic banking movement that does
not technically involve the payment of interest ... I note, however,
that .... profit is approved."
With the growing polarization between Western and Islamic cultures, the
topic of Islamic economics deserves extended discussion. The
proscription concerning interest has always intrigued me -- though that
"not technically" point shows there is a lot of wiggle room there. In
any case, I would value learning more about this subject.
Carl Remick
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