Posted on 07/22/2015 4:17:23 AM PDT by econjack
SEATTLE, Wash. The mayor of Seattle and his housing committee have unveiled a plan to increase housing in the city, with a portion of the plan proposing the offering of Sharia law-compliant loans for Muslim residents.
Among the number of ideas offered to make housing more affordable for Seattle residents is a segment that addresses Muslim beliefs, as Sharia law forbids usury for its adherents.
For our lowand moderateincome Muslim neighbors who follow Sharia lawwhich prohibits the payment of interest or fees for loans of moneythere are limited options for financing a home, the proposed plan reads. Some Muslims are unable to use conventional mortgage products due to religious convictions.
The City will convene lenders, housing nonprofits and community leaders to explore the best options for increasing access to Sharia-compliant loan products to help these residents become homeowners in Seattle, it says.
Arsalan Bukhari, chapter executive director of the Council on American-Islamic Relations, told the Puget Sound Business Journal that he believes that there are approximately two hundred Seattle residents who identify as Muslim that avoid taking out home loans because of their religion.
[T]hey dont want to pay interest, he said.
Mayor Ed Murray mentioned the proposal at a recent press conference, which will go to city counsel for consideration.
We will work to develop new tools for Muslims who are prevented from using conventional mortgage products due to their religious beliefs, he said.
Two hundred islamics?
What are their FR nicks?
“Ummmmm .... I also dont want to pay interest on my loan. Where do I sign up.”
My plan is to “self-identify” as Muslim for financial matters. But this will have to wait until after I’m done “self-identifying” as a female while hanging out in women’s locker rooms.
Um, we don't want to pay interest on loans either. So, what is the long term outcome on this dilemma?
“What about separation of religion and state?”
That only applies to Christians, despite there not being any such thing.
Islam is GOOO-OOD.
(in my best ultra-leftist shill Andy Griffith voice)
Loans will not be interest-free. They charge the same rates of interest as other forms of finance. They just use fancy footwork and fine print in the contract to pretend the interest is actually something else.
For instance, the bank might buy the property and then “rent” it to the real buyer for 30 years at a rate that will be profitable. It’s a loan, but both sides pretend there’s no interest being charged.
During the Middle Ages Christian moneylenders used similar dodges to get around similar Christian prohibition of interest.
Not so much, anymore.
Total fertility rate by country:
Iran - 1.9
Egypt - 2.8
Algeria - 2.8.
Bahrain - 2.1
Bangladesh - 2.2
Saudi - 2.6
Turkey - 2.0
Tunitia - 2.3
Some Muslims countries are still considerably higher, but even most of those are trending down, often quite sharply.
There is a huge bulge of young people in Muslim countries, but it's temporary. There just simply is no population explosion anymore in the Muslim world.
This is very similar to the demographic change in western societies, just some decades later.
US TFR, BTW, is 1.9.
There are some real surprises in the TFR numbers. Lots of Americans think of Mexico as very prolific. Actual TFR: 2.2, not far ahead of the US.
http://data.worldbank.org/indicator/SP.DYN.TFRT.IN
Barker et al will take a flyer on this because while its called ‘Freedom From Religion Foundation’, in reality, it is ‘Freedom From Christ’, that they REALLY want to foist on Amerika. Knowingly or not, they work for satan, so they won’t attack anything moslem. After all, islam is a counterfeit religion, put in the mind of mohamed (PBUH-Perdition Be Upon Him), by satan or one of his demons.
In Matthew 12:25 & 26 Jesus said, Every kingdom divided against itself is brought to desolation, and every city or house divided against itself will not stand. If satan casts out satan, he is divided against himself. How then will his kingdom stand?” FFRF will not attempt to cast out the demon that is sharia law!
No, now they are exploding in the West. And having lots of children, too. The latter raises their welfare take and increases their population share. Win-win for them.
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