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I've always found religious prohibitions on "usury" to be particularly disturbing. My parents are from Lebanon and are familiar with people who've gone through life with only cash transactions. The tight-knit communities there make things easier for people who won't pay interest, but even so, it must cool growth. Saving up to buy a car or a house in cash is no small order, and forget about entrepreneurship. (I wonder if applying to YC would be verboten...)


Yes. Luckily, often enough there are lots of loopholes in the religious laws. Just think of Islamic Banking.




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