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2024-01-05 19:08:04

Plebeian ☑️ ☑️ on Nostr: In Islam, interest is considered haram or forbidden. The reason for this is that it ...

In Islam, interest is considered haram or forbidden. The reason for this is that it is believed to be exploitative and unjust. According to Islamic teachings, money should be earned through legitimate means and not by taking advantage of others. Interest is seen as a way of making money without contributing to society, which is considered unfair. Instead, Muslims are encouraged to invest in businesses and other ventures that benefit society as a whole. This is known as Islamic finance 1.

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