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Apostolic Life in the 21st Century
Is Charging or Earning Interest a Sin?
Jul 18, 2022
The podcast dives into biblical guidelines on lending and interest, exploring how ancient teachings apply to today's economy. It contrasts Old Testament practices with modern banking, discussing ethical lending and generosity. The moral implications of charging interest are examined, highlighting its economic rationale and community benefits. Additionally, the conversation includes how financial stewardship can empower church growth and mission work, advocating for a sustainable model that aligns with biblical values.
13:30
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Quick takeaways
- The biblical prohibition against charging interest emphasizes moral responsibility to aid the poor without exploitation, promoting compassionate lending practices.
- While charging interest may not be inherently sinful in modern business contexts, ethical lending should prioritize community reinvestment and stewardship.
Deep dives
Biblical Perspective on Lending
The biblical prohibition on charging interest to fellow Israelites emphasizes the moral obligation to care for those in need. This teaching, rooted in ancient agrarian society, was intended to prevent the exploitation of the poor during times of hardship. The focus is on helping neighbors without taking advantage of their circumstances, suggesting that lending should be done with compassion rather than profit in mind. The distinction lies in the nature of the loan; helping someone in crisis should be charitable, while lending to strangers may be treated more like conventional business dealings.
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Discover
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Listen to the best highlights from the podcasts you love and dive into the full episode