Why Islamic Financing is a Scam
One of the strangest oddities in Islam is that Islam bans interest, both receiving and paying it. Prophet Muhammad probably took this rule from Judaism and continued it in Islam. He may have seen some harms caused by interest and decided to ban it outright, or maybe he wanted to add more credence and legitimacy to his religion by taking laws from Judaism. Either way, banning interest has led to many Muslims suffering and struggling their entire lives, living in mediocrity rather than excelling and building capital for their families. I am arguing here that Islam is bad for humanity, and in particular, this rule of forbidding interest is bad for humanity and harms Muslims that follow it. I will give actual financial numbers to show that interest actually can be beneficial, especially when it comes to renting vs. owning.