You guys really need to do some research that stretches beyond what comes of a consumer shelf or television station
Maybe there's simply some Muslims sick of every aspect of their religion being put down any time the word Islam comes up.
Interesting chat for sure. Brings to light a few things - that possibly no monetary system is perfect.. and personally I think the Western system could learn a few things from elsewhere.
Christians and Jewish people face the same at every turn. Criticism of those faiths and their believers is commonplace, almost normal. Muslims should expect no different treatment.
This is true, i have personal experience of this. Islam have beeing trying (through the UN) to make it internationally illigal to criticise Islam. Court cases in Australia declared that the truth (about the quaran, happenings under shariah in other contries etc ect) is irrelevant to the law forbidding discrimination of islam. Islam is well funded... and your shariah finance products (amoung other means) fund them. So thanx. Its a scam - shariah finance is a scam, just not of a sort that is familiar in the west
Hmm think we are missing the point of the thread. So what do you all think of the REIT that was mentioned?
Qur'an (16:106), Qur'an (3:28), Qur'an (9:3), Qur'an (40:28), Qur'an (2:225), Qur'an (66:2), Qur'an (3:54) Lying for gain and Dissolution of Oaths with infidels if circumstances are favorable is actively encouraged by the Qur'an. This fact if applied to finance and contracts would be dangerous... any more dangerous then what goes on at the moment? Who knows
You guys are hilarious/sad. Did you even read the link I posted? Well let me give it to you again. 3 Myths Regarding Shari'ah Compliant REITs Wait, let me extract some info for those who are so blinded by ignorance: What Are Shari'ah Compliant REITs And Islamic REITs? Don't let the names confuse you. Depending on your locality, Shari'ah Complaint REITs may also be known as Islamic REITs but they basically mean the same thing. Shari'ah Compliant REITs are Real Estate Investment Trusts that have taken a certain level of commitment towards partaking in activities that are deemed to be acceptable according to principles of Islamic jurisprudence. This generally includes refraining from tenancy activities with businesses that handle alcoholic beverages, gambling activities and other activities considered to be not aligned with the values of Islam such as brothels and clubs.
Critique is not 'perpetrating', its critique... same with Goldman, Leman and the other banks The shariah banks are no different in effect - its a scam