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1 posted on 04/01/2009 4:10:27 AM PDT by Ravnagora
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To: Ravnagora
“The recession gripping the nation has taken less of a toll on American Muslims who follow age-old Islamic laws against paying – or charging – interest,”...

Yep...and that's why Islamic cultures continue to exist under economic conditions that prevailed in the Middle Ages.

2 posted on 04/01/2009 4:13:10 AM PDT by econjack (Some people are as dumb as soup.)
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To: Ravnagora
Then there were no Islamic lending institutions but now they exist, such as Shariah-compliant Lariba Bank of southern California, founded in 1987. Lariba lends without interest and instead charges its clients rent on the property.

Hmmm...sounds like calling it rent instead of interest. If it quacks like a duck...

3 posted on 04/01/2009 4:16:22 AM PDT by econjack (Some people are as dumb as soup.)
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To: Ravnagora
Islamic Scholar Warns U.S. of 'Two-Faced' Muslims
4 posted on 04/01/2009 4:16:42 AM PDT by Man50D (Fair Tax, you earn it, you keep it!)
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To: Ravnagora

What idiocy. The infamous Bank of Credit and Commerce Intl (BCCI), also known as the Bank of Crooks and Criminals, was an Islamic Bank and Sharia compliant. Its bankruptcy is still one of the largest in banking history. Bad banking practices are bad banking practices whether the system is Western or Sharia compliant.


5 posted on 04/01/2009 4:24:13 AM PDT by Melchior
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To: Ravnagora

Voice of 668:
“Hah! ‘Shariah-Compliant Newspaper’ -— last I heard it was still in the original family, and they were always Lenin’s little helpers!”


6 posted on 04/01/2009 4:34:05 AM PDT by 668 - Neighbor of the Beast (RIP, Terri. You will not be forgotten.)
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To: Ravnagora
Shariah– Islamic law – forbids investments in banks and mortgages as well as tobacco, alcohol, gambling, pornography or weapons.

[Actual 668]: Naturally they're ok with investments in oil on which all the rest floats...

7 posted on 04/01/2009 4:37:19 AM PDT by 668 - Neighbor of the Beast (RIP, Terri. You will not be forgotten.)
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To: Ravnagora

I didn’t read the entire article, (too early for me to concentrate that long) but it’s my understanding from another source that there is no interest for muslims but there is for infidels. And they can call a loan at any time for infidels.


8 posted on 04/01/2009 4:48:11 AM PDT by YellowRoseofTx (Evil is not the opposite of God; it's the absence of God)
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To: Ravnagora
“If everybody was Shariah-compliant, there would be no recession.”

Of course there would be no women on the staff at the Bee, no women driving or voting, honor killings would abound, and California would be in the state of a moderately advanced 14th-century sovereignity. Yes, the advantages of sharia law are just endless!

9 posted on 04/01/2009 5:09:44 AM PDT by Rummyfan (Iraq: it's not about Iraq anymore, it's about the USA!)
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To: Ravnagora

http://cancelthebee.blogspot.com/


10 posted on 04/01/2009 10:36:04 AM PDT by TenthAmendmentChampion (Be prepared for tough times. FReepmail me to learn about our survival thread!)
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