Posted on 01/02/2006 7:56:51 AM PST by quantim
When do the homosexuals get their own bank?
No wonder Islam is such a basket case economically. But it's our fault, and the way to eliminate terrorism is to end their poverty....
I'd've loved to have read THAT business plan.
Do you have to be a Muslim to use this bank, I wonder?
Yeah. And "shared profits"? Hypocrites. It's a shell game.
I've lived in Michigan all my life (my problem, I know), everytime I have any reason to go to Ann Arbor I am always amazed that it just keeps getting nuttier and nuttier. What a place. It's exists in its own time warp: it's always about 1969 there.
i aggree if its true, zero interest loans, wow! can i get one too?
anytime a bank offers something for free....
like the government, they give with one hand and take with the other
day to day service fees must be a killer
And the Feds are watching the money going in and out of that bank?
So many houses, so few buyers (Ann Arbor real estate bubble)
It all depends what the definition of 'interest' is.
no, the bank is still making money somehow. they can't offer a true 0% interest loan.
I thought the same thing until I reread the article. They are making lease payments and a portion is set aside to a 'savings account' to purchase the home. So the other portion of the lease money is going where? To the bank.
The bank has to find a profitable way to do this or is the money going to Islam?
And like another poster here, I wonder if the feds are monitering the money going in and out of this bank. Wouls FISA grant a warrant? I would bet not. vaudine
Ann Arbor.
Shell game to be sure. I found this at marketwire.
http://www.marketwire.com/mw/release_html_b1?release_id=104992
Playing in the US stock market sound awfully um - Judeo-Christian in nature ;)
(I can just see the sandal-scandal when this pyramid crumbles)
At least it wasn't a sperm bank!
No problem if,
Any American (any religious belief or ethnicity) can do business with this bank (according to this bank's rules). You can always take your business to another bank if it does not agree with you.
Capitalism adjusting to the demands of its customers.
And the FEDS keep an eye on where the "profits are used".
So, Whereas I pay a fee for the use of the bank's money in the form of interest which means I pay out of pocket apporximately twice the purchase price of the home, they merely pay the purchase price over time? Or am I missing something?
As far as banking the zero interest aspect is just a joke. The interest that would be applied is just added to the cost of the thing being purchased and then split up in payments. The home mortgage is basically nothing more of the same and a contract for deed.
By the way, all anyone needs to see to find out how islam really works is to go here. And no, it's not a joke site. Well, it is and it isn't.
ISLAM - Come on in! Just dont forget to check your brain at the mosque door. /sarcasm off
Looking at a map, above and central to the U.S., is Michigan.
Now imagine (or remember) the old "third degree" scenes of Cagny or Robinson.
See it?
The harsh, bright light is on, blinding and confusing the interogee (word?), and multiple voices yammering ... "C'mon Spike, we know you did it."
America had better wake up.
The interrogation usually wins and another 1930's cop flick hits the screen.
Our screens are before us, the medium is electrons and the patrons are you and me.
I know I get extremely pissed off when I read this $h!t .......
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