Islam and Communism — Page 29
I 29 kills the noble qualities which should characterize them Islam engenders and promotes those qualites in the best possible manner. . Islamic System of Commerce and Trade. . Again, the Islamic law relating to business and commerce, etc. , also acts as a brake on undue hoarding. By banning usury or interest Islam has destroyed a great instrument of upsetting economic balance. For it is this taking and giving of interest that destroys the equilibrium between man and man. In the first place the idea that a man can borrow money as he likes at a certain rate of interest encourages him to undertake enterprises beyond his power. It also tends to make people's money flow into a few hands. . The institution of interest turns capital into a dreadful monster. Stop this dealing in interest and you will find trades and businesses slipping out of the hands of the few owners of capital. Trade and