RELIGIJSKA PERCEPCIJA KAMATE
RELIGIOUS PERCEPTION OF INTEREST

Summary/Abstract: Islam represents a comprehensive way of life in which the Almighty Allah, through the Qur’an, provides clear guidance to humanity on how to live in this transient world. There is no aspect of human existence excluded from divine law, including issues related to work, provision, and trade. It is a natural human need to earn and provide in order to secure existence for oneself and one’s family. However, when acquiring earnings, it is crucial to consider the manner in which wealth is obtained. In the modern age, examples of illicit forms of earning, such as fraud, speculation, and easy profit, especially in the form of usury or interest, are increasingly prevalent. This paper aims to highlight the destructive consequences of engaging in interest-based transactions, both for individuals and society. First, we will examine the theory of interest introduced by John Maynard Keynes. Then, we will consider the arguments of the three dominant monotheistic religions and their holy books, with a particular focus on Judaism. Judaism is of special significance because, although the Jewish population in Sandžak is minor, this religion and its holy books remain less known compared to Christianity, with which we have closer connections and much more information. The historical context of these religions and their views on interest will be specifically addressed to provide a broader understanding of their teachings on this topic.

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