[Spaceships] Islamic Banking and Financing Spaceships Purchases

[Anthony]

Originally Posted by sir_pudding

I suspect it has more to do with applying a scheme for economic fairness concocted by a 7th century illiterate (or revealed to him by an Angel, which as we know are all incredibly wealthy but always are trying to borrow ten bucks; so they don't really understand money either) to modern financial systems.

Anti-Usury laws have been invented by a lot of cultures; the main distinction of Islamic banking is that it's written down in a holy book that's difficult to amend (this is a problem for a lot of Islamic law). Medieval Catholic doctrine on usury is somewhat interesting; Cardinal Hostiensis's doctrine of lucrum cessans looks like a very early understanding of opportunity cost.