Disadvantage Of Islamic Economy System 5osw
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DISADVANTAGE OF ISLAMIC ECONOMY SYSTEM
Do not get the benefit of falling rates. According to some critics of the system, it is riddled with incoherence introduced by different interpretations of the Quran. Banking relies on an honor system, which often encourages fraud and non-payment. This can hinder the growth and stability of the economy.
Do not get the benefit of falling rates. According to some critics of the system, it is riddled with incoherence introduced by different interpretations of the Quran. Banking relies on an honor system, which often encourages fraud and non-payment. This can hinder the growth and stability of the economy.
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