Islamic banking (IB) in Russia is a great idea, sovereign and multipolar, and highly patriotic. Usury is an absolute evil.
“O you who have faith! Be wary of Allah and abandon [all claims to] what remains of usury, should you be faithful. And if you do not, then be informed of a war from Allah and His apostle. And if you repent, then you will have your principal, neither harming others, nor suffering harm.”
Holy Qur’an 2:278-279
The American poet Ezra Pound, who dedicated his magnum opus Cantos to the destruction of interest capital as an idea, reasoned as follows: God is eternity and time is the devil; profiting from time is the devil’s business. Therefore, financial capitalism is economic Satanism.
The Muslim theorists of Islamic Banking reason differently: everything belongs to God (Allah) and especially time. He who introduces interest on a loan appropriates what belongs to God for himself. This is Luciferian rebellion.
If thou lend money to any of my people that is poor by thee, thou shalt not be to him as an usurer, neither shalt thou lay upon him usury.
Holy Bible (KJV), Exodus 22:25
Those who exact usury will not stand but like one deranged by the Devil’s touch. That is because they say, ‘Trade is just like usury.’ While Allah has allowed trade and forbidden usury. Whoever relinquishes [usury] on receiving advice from his Lord shall keep [the gains of] what is past, and his matter will rest with Allah. As for those who resume, they shall be the inmates of the Fire and they shall remain in it [forever].
Holy Qur’an 2:275
Thou shalt not give him thy money upon usury, nor lend him thy victuals for increase.
Holy Bible (KJV), Leviticus 25:37
From the two different chains of inferences, we come to the overall conclusion: usury must be prohibited, the yoke of interest slavery must be removed. This is what IB is all about.
It is called Islamic, but in other contexts it goes by other names: Douglas’s ‘social credit,’ Gesell’s ‘free money,’ etc. In our case, IB can be called the Russian monetary system, because Orthodoxy – and to a certain extent Christianity in general – categorically rejected usury. Werner Sombart traces when, how and where this prohibition began to be lifted and what it led to.
Islamic Banking thus simply reminds us of what we had, but lost at some point. Contemporary Russian economist Alexander Galushka’s idea of a two-cycle issue fits perfectly in this context.
Let us not forget that liberalism is the bane of humanity, even in economics.
In this case, the terms ‘Islamic’ and ‘Russian’ coincide in meaning.
“Even in today’s world, the scourge of interest has spread to such a magnitude that economies are on the verge of collapse. Some economists say that interest is necessary for development. If this had been true then Islam would not have prohibited it.”
Martyr Ayatollah Dastghaib Shirazi
Greater Sins, Chapter 9: Usury
Editor’s note: Originally published on Aleksandr Dugin’s Telegram channel. Quotes from the Bible, Qur’an, and Islamic scholars were added by us for emphasis and reinforcement.
It is a sad state of affairs that an Orthodox Christian philosopher understands the importance of the Islamic view on usury, while many nominal Muslims who have PhDs in economics from overpriced western universities try to justify usury and sometimes even putting an “Islamic” disguise on usury (if they move back to West Asia and get involved in finance or even policy-making at central banks). It is likely due to the fact that the mental colonialism many Muslims suffer from cause them to think of themselves as inferior, and the bloodsucking Western-Zionist system of usury, spearheaded by the Rothschild family and their grip over many central banks, as superior, and so they allow themselves to be fully brainwashed whilst studying abroad and sadly, bring their poisonous thinking back to the Muslim world. The great mystic Ayatollah Jawadi Amoli has complained about the prevalence of usury within the financial and banking sectors within the Islamic world, including even Iran.
It is time for us to have full confidence in Islamic economics, in both theory and practice, and eradicate usury rather than trying to find excuses for it.
