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103. Islamic Finance and Bitcoin with Safdar Alam

The Bitcoin Standard Podcast

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The Biggest Drawback for Moslems Is That It's Against Your Religion

i think we're clear on the diagnosis. And i know a lot of people will probably disagree with you and i, but, you know, let's take the advantage of being on the same page here. I think it's something that i've known superficially without having studied economics for a very long time. Many religious authorities say this, what is going on in islami banks is just the same thing. They offer you interest, but they call it something else. It almost functions like just a way to affinity market or maybe i shouldnot sell affinity scam. That it's a way of packaging regular, fiat interest loans to moslems.

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