Banks Finansy29-12-2008 Crisis Sharia world, frightened by the consequences of the global financial crisis, with interest looking at the new socio-economic paradigm. And if at first everyone was talking about the rehabilitation of Marxism, we now increasingly see such an alternative ... in Islam. "Here, we will soon all become Islamic bankers" - these words attributed to the head of the U.S. Federal Reserve Ben Bernanke. According to rumor, it was uttered at the end of a last Fed meeting, which adopted the decision to cut rates to 0.25% - almost to zero. The lack of any kind of interest rate - "calling card" of the Islamic financial system (FIS). Lending and borrowing at interest - riba - is considered a grave sin in Islam. It is fair to note that Christianity looks unfavorably on the "offspring from non-living", to which applies a profit on borrowed money. However, only in the Muslim world managed to build a system in which there was no reserved seats rentiers and speculators. Buying and selling of debt in ISF is impossible. And, as it was in "bad debt" is the root of this crisis, we have to consider that the Islamic financial world has remained aloof from the "economic turbulence?
No comments:
Post a Comment