It's the Islamic silly season.............
#1
Lost in BE Cyberspace
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Joined: Jul 2007
Posts: 13,553
It's the Islamic silly season.............
Last edited by The Dean; May 16th 2010 at 4:10 am. Reason: .
#2
Account Closed
Joined: Jul 2007
Posts: 7,028
Re: It's the Islamic silly season.............
#3
Re: It's the Islamic silly season.............
It's there train set, let them crash it.
Some people just dont think about these bright !! ideas they have.
Some people just dont think about these bright !! ideas they have.
#6
Forum Regular
Joined: Feb 2010
Posts: 263
Re: It's the Islamic silly season.............
As an Economist, I have studied debt and interest in detail and the Islamic stance on this. Eg, African countries and other indebted nations owe £8 pounds for every £1 pound borrowed, why? The result, crippling debts on an enormous scale and an inability to pay back the amount.
What the Islamic view is to disallow it in any form small or great.
Alcohol consumption may relax you, warm you in colder climates, but do people adhere to recommended guidelines? See your town centres and hospitals on the weekend and you'll realise what I mean.
Same goes for gambling etc that destroy lives and breaks families apart. If you're inclined to accumulate wealth, you will not understand this but if you're more ethical about your income, you can only commend this stance that disallow things regardless of consumption in small or great quantities.
That's why Muslims are advised not to have anything to do with interest and some of the above mentioned things, so silly season clearly shows a lack of understanding on Islamic finance on your part.
What the Islamic view is to disallow it in any form small or great.
Alcohol consumption may relax you, warm you in colder climates, but do people adhere to recommended guidelines? See your town centres and hospitals on the weekend and you'll realise what I mean.
Same goes for gambling etc that destroy lives and breaks families apart. If you're inclined to accumulate wealth, you will not understand this but if you're more ethical about your income, you can only commend this stance that disallow things regardless of consumption in small or great quantities.
That's why Muslims are advised not to have anything to do with interest and some of the above mentioned things, so silly season clearly shows a lack of understanding on Islamic finance on your part.
#7
Re: It's the Islamic silly season.............
As an Economist, I have studied debt and interest in detail and the Islamic stance on this. Eg, African countries and other indebted nations owe £8 pounds for every £1 pound borrowed, why? The result, crippling debts on an enormous scale and an inability to pay back the amount.
What the Islamic view is to disallow it in any form small or great.
Alcohol consumption may relax you, warm you in colder climates, but do people adhere to recommended guidelines? See your town centres and hospitals on the weekend and you'll realise what I mean.
Same goes for gambling etc that destroy lives and breaks families apart. If you're inclined to accumulate wealth, you will not understand this but if you're more ethical about your income, you can only commend this stance that disallow things regardless of consumption in small or great quantities.
That's why Muslims are advised not to have anything to do with interest and some of the above mentioned things, so silly season clearly shows a lack of understanding on Islamic finance on your part.
What the Islamic view is to disallow it in any form small or great.
Alcohol consumption may relax you, warm you in colder climates, but do people adhere to recommended guidelines? See your town centres and hospitals on the weekend and you'll realise what I mean.
Same goes for gambling etc that destroy lives and breaks families apart. If you're inclined to accumulate wealth, you will not understand this but if you're more ethical about your income, you can only commend this stance that disallow things regardless of consumption in small or great quantities.
That's why Muslims are advised not to have anything to do with interest and some of the above mentioned things, so silly season clearly shows a lack of understanding on Islamic finance on your part.
#8
Account Closed
Joined: Sep 2009
Posts: 41
Re: It's the Islamic silly season.............
They just call it profit rate and add fees.
Result is the same - Semantics.
Result is the same - Semantics.
#9
Hit 16's
Joined: Mar 2010
Location: Of all the gin joints, in all the towns, in all the world, she walks into mine
Posts: 13,112
#10
Shikra
Joined: Apr 2010
Location: Sandy Park
Posts: 192
Re: It's the Islamic silly season.............
As an Economist, I have studied debt and interest in detail and the Islamic stance on this. Eg, African countries and other indebted nations owe £8 pounds for every £1 pound borrowed, why? The result, crippling debts on an enormous scale and an inability to pay back the amount.
What the Islamic view is to disallow it in any form small or great.
Alcohol consumption may relax you, warm you in colder climates, but do people adhere to recommended guidelines? See your town centres and hospitals on the weekend and you'll realise what I mean.
Same goes for gambling etc that destroy lives and breaks families apart. If you're inclined to accumulate wealth, you will not understand this but if you're more ethical about your income, you can only commend this stance that disallow things regardless of consumption in small or great quantities.
That's why Muslims are advised not to have anything to do with interest and some of the above mentioned things, so silly season clearly shows a lack of understanding on Islamic finance on your part.
What the Islamic view is to disallow it in any form small or great.
Alcohol consumption may relax you, warm you in colder climates, but do people adhere to recommended guidelines? See your town centres and hospitals on the weekend and you'll realise what I mean.
Same goes for gambling etc that destroy lives and breaks families apart. If you're inclined to accumulate wealth, you will not understand this but if you're more ethical about your income, you can only commend this stance that disallow things regardless of consumption in small or great quantities.
That's why Muslims are advised not to have anything to do with interest and some of the above mentioned things, so silly season clearly shows a lack of understanding on Islamic finance on your part.
To those who feel pain about this truth only because of the name 'Islam' are requested to think out of the religion and from only simple mathematical point of view, the result is as simple as 2+2
#12
Re: It's the Islamic silly season.............
Would reap absolute hell in the unemployment levels of young Nationals in the Middle East...might improve service levels but hey, what the.....
#13
Shikra
Joined: Apr 2010
Location: Sandy Park
Posts: 192
Re: It's the Islamic silly season.............
There are lots of Banks in the MIDDLE EAST that run without Introducing interests that is the basic cause of destruction through debt. Take a look around.... and hence, no unemployment....I would suggest all the banks of this world may/may not adopt the religion Islam (or literally any religion) but start saying no to 'debt with interests'...thank you
#14
Re: It's the Islamic silly season.............
There are lots of Banks in the MIDDLE EAST that run without Introducing interests that is the basic cause of destruction through debt. Take a look around.... and hence, no unemployment....I would suggest all the banks of this world may/may not adopt the religion Islam (or literally any religion) but start saying no to 'debt with interests'...thank you
#15
Shikra
Joined: Apr 2010
Location: Sandy Park
Posts: 192
Re: It's the Islamic silly season.............
profit is not debt (with interest), debt is not profit, we are all wise men here
Believe me, it is as simple as it sounds, the only reason forces us to make it feel complex is that we all are bounded by this 'debt-system'. I am with you in the same boat, don't think I am a smart guy
But I believe in saying the right thing, even if I am myself not obeying it.
Believe me, it is as simple as it sounds, the only reason forces us to make it feel complex is that we all are bounded by this 'debt-system'. I am with you in the same boat, don't think I am a smart guy
But I believe in saying the right thing, even if I am myself not obeying it.