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

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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