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1 posted on 01/23/2006 11:41:31 AM PST by JZelle
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To: JZelle

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.


2 posted on 01/23/2006 11:44:46 AM PST by Lunatic Fringe (North Texas Solutions http://ntxsolutions.com)
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To: JZelle
No Piggy Bank for You!!
3 posted on 01/23/2006 11:45:00 AM PST by msnimje (What’s the deal with all the self-appointed, holier than thou, correcto maniacs on Free Republic??)
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To: JZelle
Let the pigs sell their wives asses to the muslims.
4 posted on 01/23/2006 11:46:10 AM PST by mmercier (something under the bed is drooling...)
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To: JZelle
For Muslims, either earning or paying interest is "considered one of the greatest sins," Mr. Loundy said.

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.

Huh? Just how do get one but not the other?

• In Ann Arbor, Mich., a bank that has offered special services for Muslims for two years recently formed a subsidiary specifically for them.

And just how does a bank get to do this? Does an infidel have the same access? Can banks now have "special services" only for Christians?

5 posted on 01/23/2006 11:48:51 AM PST by 2banana (My common ground with terrorists - They want to die for Islam, and we want to kill them.)
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To: JZelle

Funny I thought Muslims did not allow interest.


8 posted on 01/23/2006 11:58:46 AM PST by funkywbr
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To: JZelle
After reading the article in full, its pretty clear they are playing semantics.

I.E. its still interest, just using a different name and playing games.

Any serious muslim cleric would see this for what it is.

Just because you call something by another name, and spin it like a wheel, does not make it so.

13 posted on 01/23/2006 12:03:21 PM PST by Sonny M ("oderint dum metuant")
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To: JZelle
Hmmmm. I wonder if 72 virgins are an appreciable asset and can you ammortize their cost?
16 posted on 01/23/2006 12:05:28 PM PST by Reaganesque
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To: JZelle
Headline should have been "Banks cater to expanding exploding Muslim population."
18 posted on 01/23/2006 12:06:52 PM PST by Cyclopean Squid (Moderates do not make history)
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To: JZelle
The growing U.S. Islamic population can no longer be ignored

No truer words were ever spoken...

20 posted on 01/23/2006 12:16:14 PM PST by joesnuffy (A camel once bit our sister.. but we knew what to do.. we gathered rocks and squashed her!)
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To: JZelle
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.

27 posted on 01/23/2006 12:38:58 PM PST by OB1kNOb (.....And you KNOW what I'm talkin' 'bout !!! - Hitlery)
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To: JZelle

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


28 posted on 01/23/2006 12:49:38 PM PST by gaijin
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