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yah know, a lot of the world does not have lien laws. things are built when they have the money, and construction stops when money runs out.
Sep 07 05:03 am
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All Comments by Steven Hansen »Ruling Puts Damper on Islamic Bond Issuance [View article]
the statistic on 2/3 of muslims being poor is misleading. simply remove indonesia from the list and whammo - you have a significantly different result.
finally, i do not understand why it must be shenanigans or whatever derogatory word can be conjured up. the main thrust of islam is the avoidance of usury (neither a borrower or lender be). the exact mechanisms are always subject to religious review.
as a Christian, it is amusing to me how our own religious restraints are unnoticed by ourselves. islam has no laws prohibiting stem cell research or birth control.