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A comment on Turkey’s inflation hits 83% as Erdogan vows to keep cutting interest rates. Parent comment
As a straight up APY interest charge, yes. But there is an entire industry of "Sharia finance" that exists to circumvent these rules [0].
[0] https://www.investopedia.com/articles/07/islamic_investing.a...
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As a straight up APY interest charge, yes. But there is an entire industry of "Sharia finance" that exists to circumvent these rules [0].
[0] https://www.investopedia.com/articles/07/islamic_investing.a...