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A comment on How interest-free banking works: The case of JAK. Parent comment

Re:How interest-free banking works: The case of JAK by ahmed1490 on Tuesday May 13, 2014 @06:38AM (#7737427)
One way islam allows for making up for the depreciation of value is that you loan out gold instead of money.

And then the borrower has to return back same amount of gold irrespective of its value.

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Re:How interest-free banking works: The case of JAK by asadlionpk on Tuesday May 13, 2014 @11:31AM (#7738610)
Yes, I guess that also prevents insane levels of interest.
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