Posts Tagged debt

Hidden Cost of Credit Cards

When it comes to credit cards, usually people talk about the evil consequences of debts on the consumers. But, we rarely talk about the other bad consequences of this industry.

Watch this video by New York Times about the “Silent Tax” of credit cards.

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Riba Is Evil

$4.8 trillion is the Riba on U.S. debt.

The sad thing is that some Muslims still believe in interests or argue that interests-based economy is the solution.

Just remember, if something is good, Allah won’t make it Haram. Because Allah is the all-knowing and the most merciful.

Interest/Riba is Evil.

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The American Dream

A interesting radio documentary about “American Dream” from American RadioWorks.

It’s important to learn from history. In this documentary you can see how different trends of saving and spending have developed and evolved.

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