News for hackers. Stuff that matters.

A comment on Robinhood, in Need of Cash, Raises $1B from Its Investors. Parent comment

Re:Robinhood, in Need of Cash, Raises $1B from Its Investors by TeMPOraL on Friday January 29, 2021 @04:15AM (#25955501)
Can't find the source now, but I read that while Islam (and Judaism, at least in the past) forbids usury and this sort of extends to low interest too, the concept of interest is useful enough (or at least in demand) that people developed all kinds of practices that work almost exactly as interest.
[ Parent | on HN ]
Re:Robinhood, in Need of Cash, Raises $1B from Its Investors by multjoy on Friday January 29, 2021 @09:27AM (#25957498)
The whole reason that the Jewery got a bad rap in mediaeval days is that they were the only people who could charge interest, and people find it very easy to be turned against The Other who is also making money from them.
[ Parent | on HN ]
Re:Robinhood, in Need of Cash, Raises $1B from Its Investors by cutler on Friday January 29, 2021 @04:39AM (#25955642)
A Jew is allowed to charge interest to anyone outside the Jewish, Christian or Muslim faiths.
[ Parent | on HN ]