How Do We Do It?
Simple. Every bank should start a division for interest-free banking and investment. Research centers and universities should start focusing on research, development and training on interest-free banking and investment. Government should encourage the newly-emerging sector through tax breaks, incentives, and direct investment.
Slowly but surely, the economy would start moving towards a new responsible and highly rewarding mode. It may not do away with interest banking altogether, but for sure it will give us more choices. Something we cannot say we have at this point in time.
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