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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
 
JDPriestly Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 04:53 PM
Original message
Must read. Post of the day.
This interview needs to go viral.

Be sure to read.

This is an interview with the second largest investor in Fox News Corp.

Tell all your Fox News fans. What a joke on them.

http://www.democraticunderground.com/discuss/duboard.ph...
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nosmokes Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 05:53 PM
Response to Original message
1. Help me get my brain around this. If the Prince is a Muslim and Islam bans
Edited on Mon Jan-25-10 05:53 PM by nosmokes
the collection of interest on a loan, how in the hell is this shitstain allowed to be in such a position of prominence in the royal fam? I thought they at least tried to keep the obvious bastards behind a screen? proud to be the 5th rec.
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snagglepuss Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 12:15 AM
Response to Reply #1
4. Islam doesn't ban interest what it bans is usury. Surprised, I was but
Tarek Fatah an outspoken progressive Pakistani-Canadian Muslim explained in an interview how Islamic bankers have sold Muslims a bill of goods which has kept the majority of Muslims poor and enriched a minority. He says most Western banks now offer "Islamic" banking because it is incredibly profitable.

Fatah belongs to the Canadian Muslim Congress which is vocal opponent of conservative/fundie Islam. Below is an excerpt from an article about "Islam" banking from that site.

snip

Explaining the deceptive workings of interest-free Sharia banking, as practiced by Saudi and other Islamic banks, Ms Hassan said: "Muslim bankers and their hired clerics claim they indulge in interest-free banking, but in reality they hide this interest. So-called Islamic banking institutions claim they operate on "zero interest." However, the fundamental characteristic of charging interest is never truly eliminated in Islamic banking, but rather is hidden.

The MCC president referred the CMHC president to Muhammad Saleem, a former president and CEO of Park Avenue Bank in New York, who has written a book, Islamic Banking A $300 Billion Deception. Mr. Saleem, who was a senior banker with Bankers Trust where, among other responsibilities, he headed the Middle East division and served as adviser to a prominent Islamic bank based in Bahrain, dismisses the founding premise of Islamic banking, saying, "Islamic banks do not practise what they preach: they all charge interest, but disguised in Islamic garb. Thus they engage in deceptive and dishonest banking practises."





http://www.muslimcanadiancongress.org/20080129.html
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nosmokes Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 01:33 AM
Response to Reply #4
5. thanks for the post and the linkage snagglepuss
lots of info, but doesn't change the fact that the prince is the major shareholder in a bank charging interest rates of 30% which is usury, or was the standard.

but don't mind me, I'm just venting and pointing out what should be the obvious hypocrisy and
the article and link are appreciated.
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Octafish Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 05:58 PM
Response to Original message
2. Agreed.
Wonder how Bandar Bush is getting along these days?
Still living on a couple of mill a day?
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ZackD Donating Member (3 posts) Send PM | Profile | Ignore Mon Jan-25-10 06:00 PM
Response to Original message
3. Thanks!
Thanks for posting this! Informative reading
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