Re:Tuition costs have risen 710% since 1983 (1200% since 198...
by gottorf on Monday July 10, 2023 @02:30PM
(#36670894)
The fact that default risk and time value of money exist are immutable, irrespective of whether you think that's evil. Modern Islamic banks in Sharia jurisdictions still recoup that risk and time value through various means, irrespective of whether you call that interest. (Some forms of "Islamic mortgages" charge you "rent" based on LIBOR/SOFR, which is just interest with extra steps.)
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