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Lloyds Drops Overdraft Fee on Islamic Accounts [UK]
The Daily Telegraph (UK) ^ | 4/25/14 | Keith Perry

Posted on 05/20/2014 11:24:15 AM PDT by marshmallow

Bank accused of discrimination after telling Muslims they would escape overdraft charge of up to £80 a month

Lloyds Bank has been accused of religious discrimination after offering free overdraft accounts to Muslims.

The bank sent customers a booklet this month explaining new charges.

While many will have to pay up to £80 a month if they go into the red, Muslims were told they would escape the charges. The document said: “We are removing the monthly overdraft management fee of £6 from our Islamic Account, Islamic Student Account and Islamic Graduate Account. So, if you use an unplanned overdraft on these accounts, there won’t be any charges.”

One customer, Anita Milton, a nurse of New Eltham, south London, said: “I can’t believe that they’re thinking of offering one account for Muslims and making everyone else pay for the same service. Do I have to change my religion to get the best deal?"

Barclays, Co-op Bank and RBS said they do not offer alternative bank accounts to Muslim customers.

(Excerpt) Read more at telegraph.co.uk ...


TOPICS: Current Events; Islam; Religion & Culture
KEYWORDS: discrimination; jizya; lloyds; overdrafts; sharia
An autonomous Islamic enclave is gradually taking shape in the UK. Then comes the expansion into the neighboring secular state..............
1 posted on 05/20/2014 11:24:15 AM PDT by marshmallow
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To: marshmallow

It’s called, “Jizya.”


2 posted on 05/20/2014 11:25:16 AM PDT by dfwgator
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To: marshmallow

First they demand equal treatment, then they demand preferential treatment, then they demand servitude of everyone else. Islam has destroyed far more cultures than you can count.


3 posted on 05/20/2014 11:27:10 AM PDT by Blood of Tyrants (Haven't you lost enough freedoms? Support an end to the WOD now.)
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To: marshmallow

“So, if you use an unplanned overdraft on these accounts, there won’t be any charges.”

Time for everyone with a Lloyd’s account to become a “MINO”...

Mooselimb in name Only....


4 posted on 05/20/2014 11:28:07 AM PDT by GraceG
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To: marshmallow
What would have been fair would be to say "Overdraft fees are against your religion? OK. Your account will not have overdraft fees. However, your account will also not allow overdrafts. If you have insufficient funds, your check will just bounce, and you will have criminal charges for writing a bad check. Have a nice day."
5 posted on 05/20/2014 11:32:06 AM PDT by PapaBear3625 (You don't notice it's a police state until the police come for you.)
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To: marshmallow

Such deals you can get out of your bank, merely by threatening to blow them all up as infidels.


6 posted on 05/20/2014 11:46:22 AM PDT by Buckeye McFrog
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To: GraceG

Sell your soul for “Free Stuff” ?
But maybe that is the idea.
How about just change banks.


7 posted on 05/20/2014 11:50:07 AM PDT by Cold Heart
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To: marshmallow

I think it’s stupid, but it is a private company. I am sure some bean counter did the analysis.

That analysis would review how many overdrafts vs cash balancs and low cost savings balance.

If the net is a positive, they can afford to stop the fee.

Business decisions are not always horrible.


8 posted on 05/20/2014 11:51:12 AM PDT by Vermont Lt (If you want to keep your dignity, you can keep it. Period........ Just kidding, you can't keep it.)
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To: PapaBear3625
"...Have a nice day."

Nice touch.

9 posted on 05/20/2014 11:57:30 AM PDT by shove_it (long ago Orwell and Rand warned us of Obama's America)
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To: marshmallow

“A Lloyds spokesman said Islamic accounts were intended for customers who cannot receive or pay interest under sharia, but were available to anyone, regardless of their faith. “

If anyone can get these non-interest paying accounts I don’t see a problem.

.


10 posted on 05/20/2014 12:01:54 PM PDT by Mears
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To: Mears

I used to work for a very large finacial giant who held private store credit accounts. One day (long before 9/11) a mudslime calls and starts ranting that interest is against his religion and he refuses to pay it. i reminded him that he signed the terms and conditions of the card which specifically stated interest is charged on all carried balances. i told Abu El Loser he can either pay his balance in full each month or close his account and i would be happy to help him with that. he replies, “in my country we dont....” and i said Sir, you are in the US and we follow US laws, now would you like to close your account now ?


11 posted on 05/20/2014 12:59:26 PM PDT by Finatic (I ran out of change and have given up on hope. FUBO, I am so sick of your sorry a$$ you effin punk)
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To: Vermont Lt
Vermont Lt:".. Business decisions are not always horrible."

True , taken at face value .
But this a decision made based on religion , not based on business criteria ! Therefore, it is preferential treatment !

12 posted on 05/20/2014 1:35:49 PM PDT by Tilted Irish Kilt (Political Correctness is Tyranny .. with manners ! Charlton Heston)
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To: Finatic

The “in my country we don’t” would have tipped me right over the edge.

I’ve even told my grandkids to NEVER criticise the mores of any region or foreign country that they visit.

When in Rome etc.

.


13 posted on 05/20/2014 1:47:41 PM PDT by Mears
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To: Tilted Irish Kilt

No law against it if it’s available to everyone.

Stop being so sensitive. I can’t keep the bigotry straight; am I suppose to hate the Jewish bankers or the Muslim customers.


14 posted on 05/20/2014 7:08:16 PM PDT by Vermont Lt (If you want to keep your dignity, you can keep it. Period........ Just kidding, you can't keep it.)
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To: marshmallow

How about Catholic Accounts?

Methodist Accounts?
Lutheran Accounts?

etc.


15 posted on 05/20/2014 7:11:53 PM PDT by Salvation ("With God all things are possible." Matthew 19:26)
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To: PapaBear3625

Paying interest on car and mortgage loans is against my religion


16 posted on 05/20/2014 7:11:59 PM PDT by morphing libertarian ( On to impeachment and removal (IRS, Benghazi)!!!)
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