Heaven's Bankers : Book Review in FPJ by P P Ramachandran
I recommend this page:
Heaven's bankers by Harris Irfan. You can read it on: http://freepressjournal.in/heavens-bankers-by-harris-irfan/
My online comments:
My online comments:
Banking,
for that matter any business or profession, in the present day world, is
dependent on investment(deposits in the case of banks generally) and return for
survival. Whether you call it interest, rent or profit-sharing, or dividend are
matter of details. Conceptually ISLAMIC BANKING is a better idea, since the
ingredient ‘greed’ is less in that concept. We must, more and more debate on
the advantages and disadvantages of all options in doing business legally and
bring in changes in legislations of each country depending on the principles of
common good and national priorities. Profit should not be at the cost of the
interests of the investors who are not represented in the ‘management’ of any
business. The present tragedy is, legalizing corruption and corrupt practices
by the rich and the powerful who capture governance is being accepted by the
majority as a price for peaceful living.
M G Warrier
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