Islamic Finance Today
The Reason Muslim Liberals Stick To The Status Quo
Why is it the case that Muslim liberals continue to insist on the status quo with respect to the use of interest in economic affiairs of Muslim economies? Why are they not convinced of the utility of an interest-free economic system? Do they genuinely believe that an economy cannot be run in the absence of interest rate? Or are they hypocrites and that they do not like anything that is termed or branded as Islamic?
Published: December 20, 2025
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