Monday 6 February 2012

gulfnews : Islamic finance, Occupy protests and public good

There are only two ways to conquer and enslave a nation, one is by sword, the other is by debt," said John Adams, the second president of the United States.
If we expand the quote, it could include debt without collateral asset, trading of such debt, and enhancing it with leverage. There are consequences as there are market cycles.
Can Occupy Wall Street (OWS), public good and Islamic finance converge? Yes, through the lofty principals of economic justice.

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