Posted in Islam, banking, tagged bank, banking, Christian, Dubai, finance, interest, Islam, Jew, money, Muslim, usury on March 28, 2008 | No Comments »
Islamic banking refers to banking by the principles of Sharia, the holy law set out in the Qur’an. The Qur’an forbids the charging of interest in exchange for a loan or “riba”. In some cases, this was also the practice of the Catholic Church in post-Roman through medieval times. Modern banking systems are built around [...]
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Posted in banking, business, capitalism, economy, government, tagged dollar, economy, hyperinflation, inflation, Middle East, Muslim, petrodollar, slowdown, stagflation on March 11, 2008 | 5 Comments »
Yesterday, TNTalk covered the secret inflation rate of the United States economy in brief. Another major money machine, the Middle Eastern economy is just as important a force in the global economy as the Chinese. Look to the banking community bailout by the Saudis as proof of that. Yet, even the likes of Morgan [...]
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Posted in Islam, banking, tagged bank, banking, capital, influence, interest, Islam, Islamic, Muslim, nation, power, profit, religious, reward, risk, trust, United Nations, usury on January 24, 2008 | No Comments »
“As traditional Western bankers count the cost of a reckless lending spree, Islamic banking — which complies with Islam’s law banning the receipt of interest — is surging. Estimated by some experts to be growing by about 15 percent a year, the sector has been forecast by management consultants McKinsey & Co to reach $1 [...]
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Posted in Islam, government, politics, religion, terrorism, tagged advisers, al Qaeda, Bush, Cheney, Condoleezza, Muslim, New York Times, president, secret, security, Taliban on January 8, 2008 | No Comments »
The New York Times has let the cat out of the bag. So much for covert operations. President Bush’s senior national security advisers are debating whether to expand the authority of the CIA and the military to conduct far more aggressive covert operations in the tribal areas of Pakistan. Vice President Dick Cheney, Secretary of [...]
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Posted in Islam, banking, business, politics, religion, tagged bank, banking, capital, influence, interest, Islam, Islamic, Muslim, nation, power, profit, religious, reward, risk, trust, United Nations, usury on January 3, 2008 | 1 Comment »
For years we’ve heard that Islamic law bans charging interest and dealing with the current banking system. In the eyes of Islam, interest is usury. In the U.S, Islam faithful operate without taking out loans like most citizens of the country. Bankers have had their eyes on Islam for years in an effort to get [...]
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Posted in commentary, government, politics, religion, tagged action, al Qaeda, bin laden, fraternity, holy, infamous, Islam, jihad, Muslim, osama, prominence, religion, terror, terrorist, World Trade on December 19, 2007 | No Comments »
What is responsible for the troubled mind of Osama bin Laden? To many, he is simply a monster. Others see great purpose. Some parts of Pakistan, bastions of pologamy, have a huge rate of schizophrenia that is genetically linked because of inbreeding within families or a single family. While Osama bin Laden’s family practices pologamy, [...]
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