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Parent Post: Pope Fugger and Usury
sacredcow
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2/26/2025, 9:14:58 PM
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Please. Loan money out without interest. Get back to me on how you do. No one made the kings and elites wage war back in the day, for them to have to borrow money. Don't borrow money if you don't have to and don't borrow money on something you don't need. If you need something, save money. If you have troubles in your life, hopefully you have built friends, family and a community that will help you in times of need.
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redpillrick
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2/27/2025, 1:25:18 PM
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The problem is more specifically, compound interest on loans. I don't see why simple interest should be an issue
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q2025
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2/27/2025, 5:08:37 AM
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Amen. Islam says all loans (to Muslims and non-muslims) must be without interest. Some "islamic banks" find a way around this by charging an additional amount as fees, but sadly even this method is not as pure as islam would like it to be. It's more of a loophole, but I'm guessing a proper Islamic financial expert can guide better.
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