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Islamic Banking and Finance - Riyazi Farook

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Uploaded by on Mar 6, 2007

http://islamicfinanceandbanking.blogspot.com

Western investors go shariah

There is growing interest among western investors in shariah compliant finance, particularly in areas such as ethical investing. Kamal Mian, Associate Director, HSBC Amanah, explains how ancient guidelines can be interpreted and applied to business today.

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Uploader Comments (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.

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All Comments (16)

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  • Support the Islamic Bank Of Britain (IBB)

    Buy IBB stock on the LSE

  • @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!!!!!

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

  • 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 ;)

  • 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

  • what?

  • 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).

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