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Seattle Mayor Proposes Offering Sharia Law-Compliant Home Loans for Muslims....

 
christian
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07/21/2015 05:17 PM

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Seattle Mayor Proposes Offering Sharia Law-Compliant Home Loans for Muslims....
The mayor of Seattle and his housing committee have unveiled a plan to increase housing in the city, with a portion of the plan proposing the offering of Sharia law-compliant loans for Muslim residents.

Among the number of ideas offered to make housing more affordable for Seattle residents is a segment that addresses Muslim beliefs, as Sharia law forbids usury for its adherents.

“For our low—and moderate—income Muslim neighbors who follow Sharia law—which prohibits the payment of interest or fees for loans of money—there are limited options for financing a home,” the proposed plan reads. “Some Muslims are unable to use conventional mortgage products due to religious convictions.”

“The City will convene lenders, housing nonprofits and community leaders to explore the best options for increasing access to Sharia-compliant loan products to help these residents become homeowners in Seattle,” it says.

Arsalan Bukhari, chapter executive director of the Council on American-Islamic Relations, told the Puget Sound Business Journal that he believes that there are approximately two hundred Seattle residents who identify as Muslim that avoid taking out home loans because of their religion.

“[T]hey don’t want to pay interest,” he said.

Mayor Ed Murray mentioned the proposal at a recent press conference, which will go to city counsel for consideration.

“We will work to develop new tools for Muslims who are prevented from using conventional mortgage products due to their religious beliefs,” he said.


[link to christiannews.net]
Susie

For where your treasure is, there your heart will be also.....Matthew 6:21
There is a time for everything, and a season for every activity under the heavens: Ecclesiastes 3:1
christian  (OP)
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07/21/2015 05:17 PM

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Re: Seattle Mayor Proposes Offering Sharia Law-Compliant Home Loans for Muslims....
bumpbump
Susie

For where your treasure is, there your heart will be also.....Matthew 6:21
There is a time for everything, and a season for every activity under the heavens: Ecclesiastes 3:1
Anonymous Coward
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07/21/2015 05:23 PM
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Re: Seattle Mayor Proposes Offering Sharia Law-Compliant Home Loans for Muslims....
Wait... I dont want to pay interest or fees either. How is it fair that some people can avoid fees and interest and others have to pay?

Religion should not be used like this.
Anonymous Coward
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07/21/2015 05:28 PM
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Re: Seattle Mayor Proposes Offering Sharia Law-Compliant Home Loans for Muslims....
Wait... I dont want to pay interest or fees either. How is it fair that some people can avoid fees and interest and others have to pay?

Religion should not be used like this.
 Quoting: Anonymous Coward 2523599


So don't pay interest or fees. No one is stopping you from not buying things which have fees or interest attached.

It's not like these people are 'avoiding' paying such things, per se. Just like religion isn't 'being used like this' per se. It just is what it is, and these people are sticking to their guns.

Everyone else should have stuck to theirs as well... but nope, didn't happen that way. Sorry bub.


All they will do is raise the price of something else to compensate for the loss, so really this isn't going to gain the average person much if anything.

'Cause the bankers got EVERYONE by the balls at the end of the day.
christian  (OP)
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07/21/2015 05:29 PM

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Re: Seattle Mayor Proposes Offering Sharia Law-Compliant Home Loans for Muslims....
Wait... I dont want to pay interest or fees either. How is it fair that some people can avoid fees and interest and others have to pay?

Religion should not be used like this.
 Quoting: Anonymous Coward 2523599


I guess to Washington

Muslims=Good

Christians+ Bad..

Susie

For where your treasure is, there your heart will be also.....Matthew 6:21
There is a time for everything, and a season for every activity under the heavens: Ecclesiastes 3:1
Anonymous Coward
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07/21/2015 05:29 PM
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Re: Seattle Mayor Proposes Offering Sharia Law-Compliant Home Loans for Muslims....
Then everyone should be mussels
prisonerno6

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07/21/2015 05:30 PM

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Re: Seattle Mayor Proposes Offering Sharia Law-Compliant Home Loans for Muslims....
The mayor of Seattle and his housing committee have unveiled a plan to increase housing in the city, with a portion of the plan proposing the offering of Sharia law-compliant loans for Muslim residents.

Among the number of ideas offered to make housing more affordable for Seattle residents is a segment that addresses Muslim beliefs, as Sharia law forbids usury for its adherents.

“For our low—and moderate—income Muslim neighbors who follow Sharia law—which prohibits the payment of interest or fees for loans of money—there are limited options for financing a home,” the proposed plan reads. “Some Muslims are unable to use conventional mortgage products due to religious convictions.”

“The City will convene lenders, housing nonprofits and community leaders to explore the best options for increasing access to Sharia-compliant loan products to help these residents become homeowners in Seattle,” it says.

Arsalan Bukhari, chapter executive director of the Council on American-Islamic Relations, told the Puget Sound Business Journal that he believes that there are approximately two hundred Seattle residents who identify as Muslim that avoid taking out home loans because of their religion.

“[T]hey don’t want to pay interest,” he said.

Mayor Ed Murray mentioned the proposal at a recent press conference, which will go to city counsel for consideration.

“We will work to develop new tools for Muslims who are prevented from using conventional mortgage products due to their religious beliefs,” he said.


[link to christiannews.net]
 Quoting: christian


gtfo5
Colorqube

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07/21/2015 05:30 PM
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Re: Seattle Mayor Proposes Offering Sharia Law-Compliant Home Loans for Muslims....
When is the GREAT EARTHQUAKE EXPECTED ?
Anonymous Coward
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07/21/2015 05:33 PM
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Re: Seattle Mayor Proposes Offering Sharia Law-Compliant Home Loans for Muslims....
Wait... I dont want to pay interest or fees either. How is it fair that some people can avoid fees and interest and others have to pay?

Religion should not be used like this.
 Quoting: Anonymous Coward 2523599


I guess to Washington

Muslims=Good

Christians+ Bad..

 Quoting: christian


uh.. the banks aren't happy they can't offer these 200 some fine folks the opportunity to drown in debt for 30 years... so...


Read my post above. Maybe you will begin to understand how this rat race works.
UseLessRepEATER

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07/21/2015 05:35 PM
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Re: Seattle Mayor Proposes Offering Sharia Law-Compliant Home Loans for Muslims....
A great way to facilitate these loans would be to: charge any non muslim additional fees and higher rates to subsidize said sharia loans.

ochange
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christian  (OP)
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07/21/2015 05:36 PM

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Re: Seattle Mayor Proposes Offering Sharia Law-Compliant Home Loans for Muslims....
Chapter executive director of the Council on American-Islamic Relations, Arsalan Bukhari, estimated a couple hundred Seattle Muslims aren’t borrowing money for houses because of their religion, the Business Journal reported.

Those even include high wage earners who could easily qualify for home loans but don’t apply “simply because they don’t want to pay interest,” Mr. Bukhari said.




Read more: [link to www.washingtontimes.com]
Follow us: @washtimes on Twitter
Susie

For where your treasure is, there your heart will be also.....Matthew 6:21
There is a time for everything, and a season for every activity under the heavens: Ecclesiastes 3:1
Acro

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07/21/2015 05:38 PM
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Re: Seattle Mayor Proposes Offering Sharia Law-Compliant Home Loans for Muslims....
Supreme court will love this one. lmao
The Old Timer

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07/21/2015 05:47 PM

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Re: Seattle Mayor Proposes Offering Sharia Law-Compliant Home Loans for Muslims....
Wait... I dont want to pay interest or fees either. How is it fair that some people can avoid fees and interest and others have to pay?

Religion should not be used like this.
 Quoting: Anonymous Coward 2523599


my very first thought...I hate interest on my loans too!!!!
Lets go Brandon!!

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Bizarre Verewolf

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07/21/2015 05:49 PM
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Re: Seattle Mayor Proposes Offering Sharia Law-Compliant Home Loans for Muslims....
putin
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qwerty123

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07/21/2015 05:54 PM
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Re: Seattle Mayor Proposes Offering Sharia Law-Compliant Home Loans for Muslims....
So who's gonna be the Seattle Muslim slum lord?
Anonymous Coward
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07/21/2015 05:55 PM
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Re: Seattle Mayor Proposes Offering Sharia Law-Compliant Home Loans for Muslims....
When is the GREAT EARTHQUAKE EXPECTED ?
 Quoting: Colorqube


not soon enough
Anonymous Coward
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07/21/2015 06:00 PM
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Re: Seattle Mayor Proposes Offering Sharia Law-Compliant Home Loans for Muslims....
Wtf...here in Greece Muslims from Thrace have privileges too. Their children can go to the medical school(including other top schools), having C/D grades while all others must be like A+ students. And all "minorities" have similar privileges too, while we pay for them, at least us that have jobs and pay our taxes, our loans and our cost of living having no help. This smells like a bigger plan to make us hate them and drag us to a WW3, can't find any other rational explanation.
spinman

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07/21/2015 06:02 PM
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Re: Seattle Mayor Proposes Offering Sharia Law-Compliant Home Loans for Muslims....
When is the GREAT EARTHQUAKE EXPECTED ?
 Quoting: Colorqube


It cant come fast enough.
"The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants."

Thomas Jefferson

Democracy... while it lasts is more bloody than either aristocracy or monarchy. Remember, democracy never lasts long. It soon wastes, exhausts, and murders itself. There is never a democracy that did not commit suicide.

John Adams
TheToolMan

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07/21/2015 06:07 PM
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Re: Seattle Mayor Proposes Offering Sharia Law-Compliant Home Loans for Muslims....
There are like 5 muslims in Seattle. The rest are northern european gay men and she-men....

uk
"My mom said the only reason men are alive is for lawn care and vehicle maintenance."
Anonymous Coward
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07/21/2015 06:07 PM
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Re: Seattle Mayor Proposes Offering Sharia Law-Compliant Home Loans for Muslims....
Wait... I dont want to pay interest or fees either. How is it fair that some people can avoid fees and interest and others have to pay?

Religion should not be used like this.
 Quoting: Anonymous Coward 2523599


So don't pay interest or fees. No one is stopping you from not buying things which have fees or interest attached.

It's not like these people are 'avoiding' paying such things, per se. Just like religion isn't 'being used like this' per se. It just is what it is, and these people are sticking to their guns.

Everyone else should have stuck to theirs as well... but nope, didn't happen that way. Sorry bub.


All they will do is raise the price of something else to compensate for the loss, so really this isn't going to gain the average person much if anything.

'Cause the bankers got EVERYONE by the balls at the end of the day.
 Quoting: Anonymous Coward 61961981


Violates equal protection. Its just as dumb as a lender giving a Christian discount and not giving an atheist the same discount.

Wouldn't fly. And this won't fly and they know it, unless they give everyone and Muslims the same deal they wish to give Muslims.
The Årtist

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07/21/2015 06:08 PM
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Re: Seattle Mayor Proposes Offering Sharia Law-Compliant Home Loans for Muslims....
It's just one bat shit crazy story after another now. It's starting to sound familiar. I think we all know where this is headed.
RAGE
Anonymous Coward
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07/21/2015 06:10 PM
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Re: Seattle Mayor Proposes Offering Sharia Law-Compliant Home Loans for Muslims....
And fast
Anonymous Coward
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07/21/2015 06:10 PM
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Re: Seattle Mayor Proposes Offering Sharia Law-Compliant Home Loans for Muslims....
Wait... I dont want to pay interest or fees either. How is it fair that some people can avoid fees and interest and others have to pay?

Religion should not be used like this.
 Quoting: Anonymous Coward 2523599


Calm down everyone. They just call the interest "rent." The bank doesn't take a risk for no return.
Anonymous Coward
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07/21/2015 06:11 PM
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Re: Seattle Mayor Proposes Offering Sharia Law-Compliant Home Loans for Muslims....
Wtf...here in Greece Muslims from Thrace have privileges too. Their children can go to the medical school(including other top schools), having C/D grades while all others must be like A+ students. And all "minorities" have similar privileges too, while we pay for them, at least us that have jobs and pay our taxes, our loans and our cost of living having no help. This smells like a bigger plan to make us hate them and drag us to a WW3, can't find any other rational explanation.
 Quoting: Anonymous Coward 53606355


The PTB bankers want to replace Christians with Muslims because Muslims can more easily controlled by their Mullahs and Shariah law.

Look at the Taliban. They keep the population is line with hardly any cost or rebellion. Christian preacher can't do that. Christians would rebel. That's why they are promoting Muslims.
Anonymous Coward
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07/21/2015 06:11 PM
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Re: Seattle Mayor Proposes Offering Sharia Law-Compliant Home Loans for Muslims....
[link to www.dailymail.co.uk]

hiding

i want a interest free credit card
Anonymous Coward
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07/21/2015 06:11 PM
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Re: Seattle Mayor Proposes Offering Sharia Law-Compliant Home Loans for Muslims....
Wait... I dont want to pay interest or fees either. How is it fair that some people can avoid fees and interest and others have to pay?

Religion should not be used like this.
 Quoting: Anonymous Coward 2523599


abolish interest for everyone.
Anonymous Coward
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07/21/2015 06:12 PM
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Re: Seattle Mayor Proposes Offering Sharia Law-Compliant Home Loans for Muslims....
Wait... I dont want to pay interest or fees either. How is it fair that some people can avoid fees and interest and others have to pay?

Religion should not be used like this.
 Quoting: Anonymous Coward 2523599


I guess to Washington

Muslims=Good

Christians+ Bad..

 Quoting: christian


That pretty much sums it up! I can't believe what happened to the usa..........sad!
Anonymous Coward
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07/21/2015 06:13 PM
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Re: Seattle Mayor Proposes Offering Sharia Law-Compliant Home Loans for Muslims....
The mayor of Seattle and his housing committee have unveiled a plan to increase housing in the city, with a portion of the plan proposing the offering of Sharia law-compliant loans for Muslim residents.

Among the number of ideas offered to make housing more affordable for Seattle residents is a segment that addresses Muslim beliefs, as Sharia law forbids usury for its adherents.

“For our low—and moderate—income Muslim neighbors who follow Sharia law—which prohibits the payment of interest or fees for loans of money—there are limited options for financing a home,” the proposed plan reads. “Some Muslims are unable to use conventional mortgage products due to religious convictions.”

“The City will convene lenders, housing nonprofits and community leaders to explore the best options for increasing access to Sharia-compliant loan products to help these residents become homeowners in Seattle,” it says.

Arsalan Bukhari, chapter executive director of the Council on American-Islamic Relations, told the Puget Sound Business Journal that he believes that there are approximately two hundred Seattle residents who identify as Muslim that avoid taking out home loans because of their religion.

“[T]hey don’t want to pay interest,” he said.

Mayor Ed Murray mentioned the proposal at a recent press conference, which will go to city counsel for consideration.

“We will work to develop new tools for Muslims who are prevented from using conventional mortgage products due to their religious beliefs,” he said.


[link to christiannews.net]
 Quoting: christian


Wonder if they will develop housing for Christians whose religious belief don't allow them to live next to gays?

Somehow I don't think so.
Anonymous Coward
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07/21/2015 06:13 PM
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Re: Seattle Mayor Proposes Offering Sharia Law-Compliant Home Loans for Muslims....
It's the godless liberals that have allowed this to happen. If christians were running this country, things would be alot different!
deanoZXT

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07/21/2015 06:16 PM
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Re: Seattle Mayor Proposes Offering Sharia Law-Compliant Home Loans for Muslims....
There are like 5 muslims in Seattle. The rest are northern european gay men and she-men....

uk
 Quoting: TheToolMan


I've lived in the Metro Seattle area forever. I've never seen Muslims in Seattle or the Tacoma area. Maybe their is a plan to move them in soon...

Most of the foreign people are Mexicans, Ukrainians and India Indians. By foreign I mean non American speaking. There are lot's of other "minorities" in the region, but they've been established for generations.

All though the true minorities in the Seattle region are white, straight, republican men.
-Everything's more awesome when you lean into it.
Anonymous Coward
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07/21/2015 06:17 PM
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Re: Seattle Mayor Proposes Offering Sharia Law-Compliant Home Loans for Muslims....
Wait... I dont want to pay interest or fees either. How is it fair that some people can avoid fees and interest and others have to pay?

Religion should not be used like this.
 Quoting: Anonymous Coward 2523599


So don't pay interest or fees. No one is stopping you from not buying things which have fees or interest attached.

It's not like these people are 'avoiding' paying such things, per se. Just like religion isn't 'being used like this' per se. It just is what it is, and these people are sticking to their guns.

Everyone else should have stuck to theirs as well... but nope, didn't happen that way. Sorry bub.


All they will do is raise the price of something else to compensate for the loss, so really this isn't going to gain the average person much if anything.

'Cause the bankers got EVERYONE by the balls at the end of the day.
 Quoting: Anonymous Coward 61961981


If they pay cash, there is no interest. Perhaps a rich Muslim Oil Prince will lend them the money at "no interest" to buy a house......

Seattle should not give special treatments on religious basis.


.





GLP