First Islamic bank in Germany to open in July

If a bank had a religion.. it would be though shall not produce negative etc.

Something "Good".

He's "Good"

Like the poster above me said. You don't keep paying interest on interest for something.

And of course Jizya compliant. Taking from the non muslim account and places it in the muslim account.

[link to www.shariahfinancewatch.org]

[link to acdemocracy.org]

[link to www.clarionproject.org]

Germans are idiots for allowing this bs.

With zero interest many may become Muslim to get cheaper rates when they borrow.

I see an explosion of conversion in Germany !

Yea because up until now they couldn't do 911.

do what they do - lie to the unbelievers (them)

get an inflated loan, without interest (as someone else said, interest on interest is evil).. and screw them and their child fucking...

A country within a country.

Failed assimilation!

MYTH: University Bank’s shariah-compliant bank does not charge interest.
FACT: That’s what they claim, but it’s phony. Islamic law forbids the payment of interest, but the way this Islamic lending system is set up, it’s just a fraud. The bank utilizes a land contract for the Muslim customers to avoid paying interest, and instead, they pay monthly rental payments. The bank is in it to make money. The bank has to charge interest to recoup the investment and make a profit. Therefore, the monthly payments on the mortgage are set up to include interest for the entire period of the payments. They can call it whatever they want, but the customers are still paying interest, regardless of the semantics.
MYTH: University Bank’s Islamic financial services division is new and the first of its kind in the country to comply with shariah. This has been reported in a number of Mainstream Media publications and media outlets, like Business Week, Forbes, the New York Times, etc., etc., etc.
FACT: Banks all over the country have been offering these shariah-compliant, “interest-free” loans, and your tax dollars are subsidizing them. The most prominent is American Finance House–LARIBA, based in Pasadena, CA. Freddie Mac invested millions in LARIBA contracts.

[link to www.debbieschlussel.com]

Good song!

EVERYBODY, JOIN THIS BANK!

because, when you take a loan, you pay no interest!

When in Rome do as Romes do no longer applies then?

No, when in Rome, claim discrimination and insist on changing Rome in your view of what Rome should be, and everyone, fearing the label of bigot will say it's totally cool and instagram the destruction of their culture.

It's the new way.

Seems that way but when ever I go to other countries I always have to abide by their laws and use their facilities..

I never went some where else further afield and took my own culture with me 110% ever!

:frostywat:

They do have that!

Fuck usury!

It's because you are privileged.

No, seriously, no joking, I think we all around these parts (GLP fiends) and most in general do that. I love traveling and just taking in whatever I am around and trying to understand it. Even if I disagree, it's my upbringing and my mind and I keep it to myself.

What's happening in my trips to Europe over the past 15 years has really surprised me. Especially in a place like Amsterdam. Over the past 15 years it has changed so much...to me. Maybe not to the other Netherlands posters here but to me it was a shock since 1996. The encroachment. I never felt I needed to watch my back then, and got some angry scowls from non Hollanders my last visit. My question has always been "Why would fundamentalists ever move to the capital of free society?"

It's pretty simple...the Netherlands will give a passport to a monkey.

Well I don't know about privileged I have been to countries and asked to " cover up" for religious reasons so I did so, I had to eat what ever weird foods they had on offer, I had to follow their laws despite them being against my innate core cultural values, I had to speak the language because simply its rude to enter another country and not even try to understand the locals.

Whats privileged about this?

It should be hard work travelling if I didn't like it which I didn't always like following others rules I left!

As you should. As they should. My only point.

Yep so why is this changing in Europe?

And don't blame only liberals there must be something deeper behind this.

As far as DE goes, I would guess some guilt. As far as the rest of the EU and UK, I am assuming "diversity" has something to do with it. I dunno, you live it, tell me?

With their own bank they can basically buy cities in Germany as an example they can more quickly put more money in Germany.

A lot like how a lot of property now in London is Muslim owned.

They can do this there too.

It means they will have more power

And that damn surrender monkey at Charlie Hebdo saying he bows to the stabbings and won't publish any more mohabutt cartoons?

what is this world coming to?

We can now say that "Germany" is the first country in Europe to bring Shariah law in for the Muslims .

And the discrimination against the non religious begins!

Germany!

hell in a rotten bag of mayonnaise. :|

Sorry actually non Muslims can join the bank too!

So its not prejudice against non religious folk..

There you have it!!!!

Correction

Islamic bonds called sukuk have become increasingly attractive for both Muslims and non-Muslims in recent years, given their fast rate of growth

Me no need Halal bonds.

germany is going to get all uppity again and either russia or the US is going to have to smack them down.