What could go wrong? Well, for one thing, Sharia is a program for every aspect of life. So once one sets the precedent that it is good to accommodate Sharia, there is always more Sharia to accommodate -- including provisions institutionalizing discrimination against women and non-Muslims.
"Loan caters to Minneapolis Muslim business owners: The Alternative Finance Program respects Islamic law by offering fixed-rate loans," by Katherine Lymn for the Minnesota Daily, March 24 (thanks to Arafat):
An Islamic law enacted centuries ago was an obstacle for modern Minneapolis businesses until Minneapolis partnered with an African business resource group to allow Muslim business owners a way to both comply with their beliefs and invest in their businesses.Since April 2007, the city of Minneapolis, in partnership with the African Development Center, has given out 38 loans in a way that is compliant to Islamic law by using a fixed rate in place of a variable interest rate.
