
103. Islamic Finance and Bitcoin with Safdar Alam
The Bitcoin Standard Podcast
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Is It Wrong to Charge Interest on a Loan?
Inasmuch as it is the er he economic rational why is it wrong charge an interest on a loan? So if you want to lend money to somebody, they want to pay you five %. You want to do it. Why should it be forbidden? Could you make a case for that? Ok, so i think if we look at e, two isolated parties looking to make a transaction, and one wants aloane,. The other one has the capital, willing to give a loan. If we look at the fact that they they mutually agree, ah, then it can be argued that that transaction, on its own, it might not be delivering harm to anybody.
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