(UN)-Islamic Banking

Fundamental Flaws in "Islamic Banking"

why Islamic Banking is UN-Islamic

1. Spirit of Banking is encouragement of greed and accumulation

2. Private Creation of money, based on interest/like transactions

3. Harmful Effects of concentration of Wealth (Capitalization Requirements)

4. Other LIST of harmful effects of banking (multiple crises)

5. Investment in privately profitable projects and none in socially beneficial ones.