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Mandouq (November 30, 1999 at 12:00 am)
An economic system without banks is inconceivable and implausible."Interest" is at the source of all financial misery and economic poverty.Interest is so bad that it plays a major part even in "Global Warming".Any system without the ills of interest is MOST welcome
dwipbhakti (November 30, 1999 at 12:00 am)
the world economy are stagging of the Cross-Road, view we think into catastrophe. While such a chaos was resolved by a false economic paradigm. A today's economic stemmed from the paradigm cited "interest rate as a yardstick". While most bankruptcy cases are attributed by the use of a derivative transaction, where interest rate as benchmark. It is wisdom to oversee the other window such a Islamic Economic which stated zero compounding rate.
sar7an00 (November 30, 1999 at 12:00 am)
In europe they started to implement Islamic Finance to face the current crisis
stokes58 (November 30, 1999 at 12:00 am)
True, not liking the system is not an excuse to be a victim. money is just a by-product of being active.
tomfromeur (November 30, 1999 at 12:00 am)
reply to stokes58:Well, western banking system wants to destroy or at least control the Islamic banking. But do not worry about all this, because you as a regular person must become rich and wealthyby just increasing your own productivity, providing something of value to other people.Otherwise you just become poor, period.
stokes58 (November 30, 1999 at 12:00 am)
ok, i'm sorry if i sounded blunt. the fact of the matter is there's a world wide game of monopoly going on and everyone, every country, is involved. the inventors of this game and those associated with them are always going to win. the only way to avoid losing is not to play the game but the bankers use the most devious methods to keep you playing. do you think that it's beyond them to trick muslims with 'islamic banking'?
tomfromeur (November 30, 1999 at 12:00 am)
reply to stokes58:Look, obviously you do not know what ZERO interest bank loans mean, or do you? Or maybeyou are unaware of what is the ZERO inflation? Or what is economical growth through productivity, and not through debt consumptionwe have in Europe and you guys over the in "America". Because maybe you didn't know that western banks create the debt, but not the interest... so there are so many people who fall back, and become homeless because of the interest based system.
stokes58 (November 30, 1999 at 12:00 am)
yeah but it's still a bit like the jewish women wearing a wig instead of a hijab. six of one, half a dozen of the other if you ask me. as far as i can tell prof rodney isn't a muslim and nor are the rest of the worlds banking elite so it would seem that their invested interest (no pun intended) is not making sure muslims are living in a halal way.
turjo101 (November 30, 1999 at 12:00 am)
haha!I understand your mistrust towards bankers..wealth financial system?!? this is for religious muslims who cannot take or give interest. We know how much interest is plaguing North Americans...many poor nations are also suffering. Profiting from interest (usury) is Haram (forbidden) in Islam. Its not about making money, its actually the opposite. Its about refraining from making money that could be against religious teachings...I hope you wont have any misconceptions against Islamic finance.
stokes58 (November 30, 1999 at 12:00 am)
still smells fishy to me, sorry. the whole false wealth financial system is the real problem so anything built on that is false too. i hope we can have a world free from the grip of bankers even if they do call themselves islamic. |