Posted on 05/03/2018 7:34:03 AM PDT by LeoHohmann
Western banking met Islam many decades ago, but only began to sleep with her a few years ago. Since then, it is has become a wanton and open affair.
The implications for the West, and especially for the U.S., are staggering. Because all Islamic banking products must be created and offered according to strict Sharia law, global banks are doing for Islam what it could never do on its own: Give legitimacy to Sharia and infiltrate it into the fabric of Western society.
(Excerpt) Read more at leohohmann.com ...
PEASE POST THE ENTIRE ARTICLE!!!!!!!!!!!!!!!!
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What stopped you from posting the whole thing?
......The dark side of Sharia......
Sharia has NO “light side”!!!! It’s all dark as dark can be!!!! PHOOEY!!!!
I didn’t see any banks named.
Begone, blog pimp!
Guns bad. Sharia good. We have a BIG problem.
Sharia does not allow Interest, IIRC.
Hey who wants a bank that pays interest?
On the other hand, if the bank will give me a mortgage and not charge me interest, then I might be in favor.
So banks are going to set up an area where loan applicants can go beat their wives if they speak out of turn during the application process? Or a platform on the roof which the applicant can toss the banker off if he suspects the banker is gay? Wow, sort of surprising.
Woo Hoo! Interest free loans for everybody! /s
I don’t know the details, but an interest free Islamic loan still has expenses with it.
I’ve heard Islamic mortgages are structured so that while there is no interest, you are paying rent on that part of the property which is still mortgaged. So you have a mortgage payment and a related rent payment, in lieu of interest.
“No interest “ is fake phony fraud. They call it a fee, instead of interest.
Sharia forbids "riba" which is usury. The fundamental concept is the unjust interest charge on business transactions. Not all Islamic scholars agree on what "riba" happens to be and how/when punishment for such is meted out. There are banks in Islam and they charge interest.
Sharia compliance but 2nd Amendment obstruction. Swell...
I think people forget that unless they want banks based in Dubai to be dominant (Dubai is the Islamic banking center of the Middle East), American banks have to offer products that comply with Islamic banking laws.
Right, they just don’t call it interest.
Begone, filthy sexual epithet spewing troll.
Interest has two types.
Destruction of money through inflation and actual usury on an asset.
Mad Muhammed, Mr. All Knowing was ignorant about economics. Oops!
So Koran mistakes cannot be amended.
Only Muslims. Non-followers pay huge taxes and fees.
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