Democracy is an illusion! It’s become a political system fostered by the élite, for the élite, in order to fool the people that they have a stake in the system. In actual fact, they have virtually none. The whole political system in the modern era, despite having noble beginnings, is now used to benefit the few at the expense of the many. – Mark Alexander, June 29, 2018
Sunday 17 November 2019
Roundtable: How Islamic Is Islamic Finance?
When you're saving money - should you be making money? Today we look at the differences between traditional and Islamic banking. What's allowed - what's not? So how does one system differ from the other? A bank might lend you $100,000 for a house and make $25,000 in interest. An Islamic bank says that's wrong, but could still end up $25,000 better off - and you still get the house. We’ll try to explain.
