Interest-Free Finance is Being Seriously Discussed in Russia | WHAT REALLY HAPPENED


Interest-Free Finance is Being Seriously Discussed in Russia

A significant debate is underway in Russia since imposition of western financial sanctions on Russian banks and corporations in 2014.

It’s about a proposal presented by the Moscow Patriarchate of the Orthodox Church. The proposal, which resembles Islamic interest-free banking models in many respects, was first unveiled in December 2014 at the depth of the Ruble crisis and oil price free-fall.

Webmaster's Commentary: 

That will REALLY put Russia on the US Government's Special High Interest Targets list!

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