We Don’t Go to Bars, Why Do We Go to Banks?
By SuhaibWebb on Business and Islamic Finance from www.suhaibwebb.com
When I recently consolidated a student loan I had taken out many years ago, I noticed that the amount I owed was more than double what I had originally borrowed. I’m still in school, so I don’t have double the education from when I first took out the loan. I definitely don’t have double the income. Even before I knew anything about Islam and how it forbids usury, I knew something was wrong with that picture. And that there was a bigger picture involving a whole world in debt crisis.
