(August 25, 2019 at 6:18 am)mascale Wrote: Only last year, Nigeria could create "Traders Moni," as first-time-ever-in history equal amounts of credit for 2.0 mil. micro-businesses. When the credit is repaid, then a new limit is created, equally, at a higher amount. It can be called credit, but not wealth from Riba: Nigeria being Commonwealth, but also nearly half Moslem.
So Look Ma! No Deity!
Don't know much about this (not being a money guy) but Sharia-compliant Islamic banking seems to have its good points.
https://en.wikipedia.org/wiki/Islamic_ba...nd_finance
