Banks cater to expanding Muslim population

The Washington Times ^ | 1-23-06 | Tom Ramstack

[JZelle]

A financial firm plans to open an office in Fairfax County in early March to sell mutual funds to the Washington area's Muslims, joining banks and investment houses that find the growing U.S. Islamic population can no longer be ignored. Saturna Capital Corp. plans to sell its Amana mutual funds to the Washington area's approximately 200,000 Muslims who want to avoid violating Islamic law with their investments.

[sheik yerbouty]

They should not be ignored. They should be under surveillance.

[massgopguy]

That would be a violation of FDIC laws.

[peyton randolph]

Do Christians have special banking needs?

The purchase of indulgences from the Bank of Tetzel? ;-)

[Paul C. Jesup]

Muslim banking is interesting. They believe charging interest is wrong. Instead, they share the risk of the entrepreneur by providing a loan and instead of interest, they take profit sharing in the business they help fund.

Isn't that called 'loansharking'?

[white trash redneck]

Unresolved under Internal Revenue Service rules is whether Muslim taxpayers can claim an interest deduction on their homes or businesses when they are not paying interest.

And just why is the US bending over backwards (or forwards, perhaps) to make life in America easier for Islamic swine?

[America_Right]

America is going to regret allowing so many muslims in this country.

Nah. By the time there are enough muslims in America to cause the kinds of problems the Europeans are having, the Mexicans will have taken over. Won't be our problem anymore. :)

[OB1kNOb]

The Banker’s Pledge of Allegiance

We pledge allegiance, to the money
Of the worldwide global economy
And to its riches, for which we scam
One financial system, under IMF
With interest and collateral from all.

[gaijin]

Free "det cord" if you open a checking account, a crate of 7.62 if you buy a CD.

[Sender]

Do Christians have special banking needs?

Yes, we need instant credit at zero percent with no minimum monthly payment ;)

From Shakespeare's Hamlet:

Neither a borrower nor a lender be;
For loan oft loses both itself and friend,
And borrowing dulls the edge of husbandry.
This above all: to thine ownself be true,
And it must follow, as the night the day,
Thou canst not then be false to any man.