[Lunatic Fringe]

Muslim banking is interesting. They believe charging interest is wrong. Instead, they share the risk of the entrepreneur by providing a loan and instead of interest, they take profit sharing in the business they help fund.

[KC_Conspirator]

The Christian Church used to believe this as well back in the Dark Ages. In fact, the Templars used to charge people and call it "rent" or "fees" some other name to get around calling it "interest". Its how banking works. We eventually grew out of our Dark Age time and went through the Renaissance.

[farlander]

Lovely. So instead of a loan, you get equity financing ? And everything that entails, such as, sharing in control of the business, etc ? What if don't want a partner ? Guess I'm out of luck.

[Paul C. Jesup]

Muslim banking is interesting. They believe charging interest is wrong. Instead, they share the risk of the entrepreneur by providing a loan and instead of interest, they take profit sharing in the business they help fund.

Isn't that called 'loansharking'?