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To: Wife of D

christianity had the same prohibition but changed.

islam should change.


15 posted on 03/02/2009 9:40:59 PM PST by ken21 (the only thing we have to fear is fdr deja vu.)
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To: ken21
islam should change.

ROFLMAO!!! Hey Ken, thanks for the biggest laugh I've had today!

16 posted on 03/02/2009 10:02:41 PM PST by Hildy
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To: ken21
christianity had the same prohibition but changed.

islam should change.

In the middle ages there was a period when people jumped through all sorts of hoops to avoid paying "interest". Many times people wrote contracts where one currency was transferred from a banker to a "not-borrower" who would then at a later date give the banker a certain amount of another currency, so it looked like it was just a currency exchange contract. Funny thing is that both currencies were defined as a certain amount of gold and the "not-borrower" ended up giving the bank more gold than he received. Finally they just gave up and said it was a loan with interest.

Hopefully all these Islamic mortgages are the last gasp before they just give up on their financial method. Otherwise they are just counting on Allah being as easily fooled by tricky bookkeeping as Bernie Madoff's accountant was.

17 posted on 03/02/2009 10:20:57 PM PST by KarlInOhio (Obama: removing the speed limit on the Road to Serfdom)
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