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277 points cebert | 1 comments | | HN request time: 0.28s | source
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focusgroup0 ◴[] No.44364332[source]
Why do some ancient traditions ban usury?
replies(2): >>44364665 #>>44364808 #
mcherm ◴[] No.44364665[source]
I suspect actually MOST ancient traditions ban usury (or ban lending altogether). Christianity banned usury, Islam banned essentially all lending, Hinduism banned some casts from lending and regulated the lending of others[1].

I think the practice was found to be corrosive to societies and thus at one point or another many of them tried to ban it. (Lending is also very helpful for commerce, so most societies also reintroduced it. Actual practice varied at different points in history.)

1. https://www.sacred-texts.com/hin/sbe14/sbe1405.htm

replies(2): >>44364896 #>>44369813 #
1. scarface_74 ◴[] No.44364896[source]
If you look up the various means of buying home without having all of the money up front that are compliant, it’s just a mortgage by different name.

https://www.guidanceresidential.com/resources/faith-based-fi...