Islamic Banking and Finance - Riyazi Farook

[SpaceTimeContinuums]

Support the Islamic Bank Of Britain (IBB)

Buy IBB stock on the LSE

[mnaveedable]

Islamic Banks work on frofit and loss basis.... do ask more about my this statment...

[OrangeGlazedDuck]

riyazi, Western investors are not going Shiria. Who the hell are you to impose Islamic law on another country?!? Also, those who invest their money in Shiria-Compliant Finance banks are investing in terrorism. I'm not interested in SCF investing. In fact, I oppose it.

Anyone else watching this video, see the following video yourself. Don't help create jihad in America. Keep America free of Islamic law.

[riyazi]

Thanks for your comment. Ok I'l tell 2 Billion Muslims about your comment...and then again I have to inform who follow Christianity and Judaism as their religion also prohibits 'Interest' clearly..now... how am I going to tell more than half of the world population about your comment!!!...hope U're not a christian or jew. Peace be upon Jesus, Moses, Mohammed and all prophets created by a god.God bless you.

[lionofthejungle]

People like OrangeGlazedDuck are the epitome of ignorance. I can only draw one inference with your argument;that is, you do not have a television set, nor do you read the newspapers. The current economic downturn is a DIRECT result of a virtual economy based on charging of interest. The Sharia form of banking does NOT charge interest on its loans; thus, increasing economic prosperity and reducing the cornering of wealth by a few individuals (i.e. shareholders of financial institutions).

[lifezlow]

OrangeGlazedDuck

May God Help You my friend!!

if you said something good or bad it only results on yourself. Being arrogant and living with the little knowledge you have is destroying you.

Thanks though You made me laugh for the day!!! I hope all good and healthy life for your Brain and your body

[SmaragdineSage]

@OrangeGlazedDuck you are a bozo. Islamic banking IS MORE SOUND! Think about it - the prohibition of interest payments FAVORS THE BUYER i.e. YOU! and insures that banks and corporations DO NOT take advantage of the client/investor a.k.a. what's going on in the US and Europe right now...and we are all seeing how nice those corporations are....wtf dude, you are dumb!!!!!

[jtdyman]

how do islamic banks make money?

[chingillin]

like normal banks trust me islamic banks is really similar to normal bank.

normal bank would charge you 3% (depending on the rente)

will islamic bank take the highest possible , actually islamic banking is much more expensive den conventional banks.

Well islamic banking is only a label to make attract muslims.

All the banks lend from the same source ;)

[aobaidk]

@jtdyman 

[misterfibo]

Islamic banking eliminates the principles of ripping of peoples money praticed in mainstream banking

[sunisastar]

Islamic banking Deals with investments and not loans, and deal with real assets and not just invisible credits , thats causing the current problems in USA

now Citi bank has launched a study on Islamic Banking and a lot of conventional banks in the middle east are changing into Islamic banks

[shaihuludx]

I agree, maddmax is not truly Islamic according to what Kamal Mian says here, despite using its rhetorical figures (jihad).

[otrason]

As the gentleman explains here sharia banking does not invest in activities harmful to the general good - gambling, tobacco, and arms. Odd, that. I guess that's what makes maddmax512 so mad. Cute name -maddmax512, very cute.

[jtdyman]

regarding arms, how do terrorists pay for the arms. cash or sharia bonds.

[indeeeeeeeeeeeeed]

what?

[maddmax512]

You put money in my bank.

We build IED.

LAHALHALHALHALHALH

JIHAD!

SEE THIS GUY ON A FRIDAY NIGHT,lahlahlahlahla.