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To: LSUfan

Islamic Bank? I thought it was kafir to borrow or lend money for interest—


64 posted on 04/21/2008 12:45:08 PM PDT by Mamzelle (Time for Conservatives to go Free Agent)
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To: Mamzelle

It is. They jump through a lot of hoops to get customers to pay them but they don’t call it interest. The bottom line is that it usually ends up costing more to borrow from an Islamic bank because of all the accounting involved.


94 posted on 04/21/2008 1:00:34 PM PDT by Squawk 8888 (TSA and DHS are jobs programs for people who are not smart enough to flip burgers)
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To: Mamzelle
It is. That doesn't mean that they don't have banks though.

They make money other ways. Not sure exactly how, so don't ask, but I think it is by charging fees, instead of interest.

Like the political dodge of calling taxes, “fees”.

109 posted on 04/21/2008 1:10:15 PM PDT by NathanR (Obama: More 'African' than 'American'.)
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To: Mamzelle

Islamic Bank? I thought it was kafir to borrow or lend money for interest—
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I would think that it would be tolerated if the intent was conquest of us unbelievers, after all they allow and encourage lies and deception in addition to slavery and murder for religious edicts.


142 posted on 04/21/2008 1:28:00 PM PDT by Neidermeyer
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