[conservatism_IS_compassion]

If you are paying interest you aren’t under Sharia

How do you get them to loan you the money if you don’t have to pay any interest?

The Old Testament doesn’t support interest (“usery”) either.

For that reason, the Establishment in Europe needed some non-Christians around to do banking. Jews, ironically . . .

Tabo on collecting interest and yet having credit available is pretty much a square circle. But America is not a theocracy, notwithstanding that the framers of the Constitution concluded the document,

Done in Convention by the Unanimous Consent of the States present the Seventeenth Day of September in the Year of our Lord one thousand seven hundred and Eighty seven and of the Independence of the United States of America the Twelfth.

I think that credit is not available, thus the economy is less dynamic, in Muslim countries. Must be a real culture shock not to be able to buy a house with a mortgage . . .

[fluorescence]

They capitalize the interest by buying the property, adding a markup and on-selling it to the borrower with an installment plan.

The markup just happens to be based on the duration of the loan, the reliability of the borrower, the type of asset, etc, but they do some word play to pretend that it’s not interest but a market price based on the different market value of money received now versus in 10 years (i.e. interest). Typical time-wasting scheme to evade backwards religious restrictions.