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GOLDMAN SACHS SUBMITS: ISSUES ISLAMIC BOND PROGRAM AS CONFORMING TO SHARIA LAW
Atlas Shrugged ^
| 1/3/12
| Pamela Geller
Posted on 01/03/2012 3:18:29 PM PST by RnMomof7
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To: null and void
I don't think people understand what this is. Goldman is not investing in the Muslim world. Muslims are buying bonds from Goldman. The only thing that makes this bond different is Goldman's agreement not to use the money to reinvest in certain industries Muslims find objectionable, like alcohol. Plus they jigger the thing so the interest doesn't look like interest.
What is so wrong about taking their money and making a buck on it?
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