Plebeian ☑️ ☑️ on Nostr: Islamic finance offers an alternative to traditional banking. It is based on the ...
Islamic finance offers an alternative to traditional banking. It is based on the principles of profit and loss sharing, where investors and entrepreneurs share the risks and rewards of a business venture. This encourages investment in businesses that benefit society as a whole, rather than just a few individuals. Islamic finance also prohibits investments in businesses that are considered harmful to society, such as those involved in alcohol, tobacco, and gambling 1.
Published at
2024-01-05 19:09:18Event JSON
{
"id": "418c38f7472ced17f559b7bca96e7589c2d2c846ee6178f01a70261f9ad68587",
"pubkey": "97d96b2d0e71d496d2a2453b2af49dc85427af64874f1eed200295731c5c1e49",
"created_at": 1704481758,
"kind": 1,
"tags": [
[
"proxy",
"https://noagendasocial.com/users/electronwarier/statuses/111704916508143962",
"activitypub"
]
],
"content": "Islamic finance offers an alternative to traditional banking. It is based on the principles of profit and loss sharing, where investors and entrepreneurs share the risks and rewards of a business venture. This encourages investment in businesses that benefit society as a whole, rather than just a few individuals. Islamic finance also prohibits investments in businesses that are considered harmful to society, such as those involved in alcohol, tobacco, and gambling 1.",
"sig": "27cb2f9be78121ea83918a402c8c116da26de9c5506fa236025e50d5c7c5f7990d985d954399187089b9865cbdaec489c8a02a220bbb3c52618866b951c8e6a7"
}
