BUSINESS ETHICS IN ISLAM (PART 2 OF 2): USURY AND OTHER PROHIBITED PRACTICES
What is Usury? Business ethics in Islam includes the prohibition of usury, or what Islam calls riba. Islam’s rejection of usury is absolute, and this alone is often used as an example of Islam’s so-called backwardness. However, as we shall see, usury and its prohibition is as appropriate today as it was when Islam confirmed God’s […]
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