Not exact matches
Islamic Finance has a set of specific
rules which people follow when conducting business; such as the strict edict not to engage in
usury or collecting interest off of loans.
Rigbi's paper, «The Effects of
Usury Laws: Evidence from the Online Loan Market,» exploits a change in the lending
rules that apply to Prosper.com to examine the effects of interest rate caps.
A number of states, either through the legislature or judiciary, have
ruled the practice is
usury and therefore regulated under lending laws.