How do Islam people get around the whole interest issue?
Here in SA they buy exotic cars and they sell at a profit which is interest but apparently that’s fine..
Do you ever have guests on your podcast?
Discussion
It’s prohibited meaning doing it is a major sin, that doesn’t stop people from sinning of course.
What is SA? South Africa? And buying and selling isn’t interest, interest is where I sell you X for X amount and then say you pay me back Y amount and every year dependant on how I feel I increase Y amount as it’s a variable rate. That’s unfair on the person who bought product Y for Y initial price. Obviously I’m super simplifying it - I’m out in London at the moment so I may respond late.
I am happy to have podcasts, but I haven’t had any yet, I don’t know what I’d discuss with someone else as my streams I just provide data and news, if it wasn’t Bitcoin and Web3 based I would stream on my other channel JBINZALA Philosophy as that’s more off topic and life related