Tag: #FinancialFreedom

From Loans to Losses: Kashmir’s Entrepreneurial Dream Ending in Debt Traps

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From Loans to Losses: Kashmir’s Entrepreneurial Dream Ending in Debt Traps

Kashmir’s Debt Trap Crisis – How Easy Loans and EMI Culture Are Breaking Dreams By: Javid Amin | 02 August 2025 From Dream to Distress Kashmir’s post-2019 economic narrative was once full of hope. There was a visible push for entrepreneurship, home ownership, and upward mobility. Small businesses sprouted, luxury cars dotted the streets, and middle-class dreams seemed within reach. But behind this optimism lies a disturbing trend: a growing number of Kashmiris are quietly falling into debt traps—victims of a toxic mix of easy loans, aggressive marketing by banks…

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The Loan Culture in Kashmir: Navigating Necessity and Luxury with Islamic Insights

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The Loan Culture in Kashmir: Navigating Necessity and Luxury with Islamic Insights

The rise of the loan culture in Kashmir & What Islam speaks about loans By: Javid Amin Kashmir, with its vibrant culture and stunning landscapes, has a history deeply intertwined with borrowing and loans. Traditionally, these loans were sought for fundamentally crucial life events such as marriages, education, and urgent medical needs. However, in recent years, there’s been a noticeable shift in the loan landscape. Loans are now increasingly being acquired for non-essential, often luxurious, purposes, marking a significant departure from tradition. Several factors contribute to this evolving trend, and…

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