Living By Islam Episode 24 - Islamic Economy System Part 2 full

[Yahya66]

current system in USA is a privatised communism where most of the wealth has been accumulated by the banking sector which now determines who gets investment and who does not hence curtailing innovation and economic progress.

if the Islamic mechanism of interest free banking is applied to USA then banks will not be able to accumulate all the wealth of the country via interest rates and bank charged. this will allow for the money to be more evenly distributed in the economy hence fuelling growth.