Muslims these days are demanding that banks should provide islamic banking.
This means that when they deposit money in a bank they should not receive any interest ( zero percent ).
this shows how their religion is ignorant about inflation , deflation, these things were known to hindus for thousands of years.
as per islamic banking , a muslim who deposits rs 1 lakh in a bank at 0 % interest , effectively gets back 94,000 , considering 6% inflation.
inflation,deflation was always there ,everywhere in the world,so they can't say that when their prophet lived there was no inflation,so he wouldnt have known.
if all muslims follow islamic banking, in the next 50 years they all will be bankrupt and become beggars.
