When is usury usury? Turkish fatwa casts doubt on Erdogan’s religious soft power drive - Modern Diplomacy

When is usury usury? Turkish fatwa casts doubt on Erdogan’s religious soft power drive January 24, 2021By Dr. James M. Dorsey Turkey’s state-controlled top religious authority has conditionally endorsed usury in a ruling that is likely to fuel debate about concepts of Islamic finance and could weaken President Recep Tayyip Erdogan’s efforts to garner religious soft power by projecting Turkey as a leader defending Muslim causes. More:When is usury usury? Turkish fatwa casts doubt on Erdogan’s religious soft power drive - Modern Diplomacy