Quote:
Originally posted by Kakero:
quote:
Originally posted by Dreamer128:
The bank will not pay or charge interest and will offer financial products that comply with Islamic law.
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Still using the Al-Murabahah and Al-Mubahah system like the Bank of Islam in Malaysia? What a great copycat. I sure people would just love to deposit their money in such bank that offer no interest. /sarcasm [/QUOTE]Smoke and mirrors Kakero ... they still make a reasonable return on there investment, It's just not called intrest.
And before anyone gets uptight about their system, remember Jesus and the temple money lenders and also read Timbers credit agency thread. Maybe there is a need for this system outside of the muslim community [img]graemlins/alarm.gif[/img] [img]graemlins/alarm.gif[/img] (note topic bans) The system they have may have support from those outside the Muslim community is what I am saying. [img]smile.gif[/img]
Good luck to them