In Arabic, riba' is a loan with the condition that the borrower will return to the lender more than and better than the quantity borrowed - interest. This proposal sees traditional interest as oppressive - especially in light of new evidence about the role of microfinance institutions and usury - and counter intuitive to traditional small-scale entrepreneurship. The proposed initiative also seeks to use elements of business sustainability and environmentalism as core roots of the plan. The combination of two progressive ideas - the lack of riba' and biocentrism - are core ethical components to Green Riba. However, in this instance the organization's name is intended to signify how environmentalism, sustainable practices and entrepreneurship can benefit from the "interest" of Green Riba.
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Faruk, Rahfin and Takeda, Daisuke, "Green Riba" (2012). Big iDeas 2012 Proposals. 4.