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If you want to borrow money to buy a car for example from an Islamic Bank they 'buy' the car and the sell it to you in so many installments at a profit. Same as
by yannis 13y ago
If you want to borrow money to buy a car for example from an Islamic Bank they 'buy' the car and the sell it to you in so many installments at a profit. Same as charging interest by wrapped in 'profit' which is allowed in the Koran. Pathetic and hypocritical and the first to lock you in if you can't pay.
- harrytuttle 13y agoI said I agree with the idea, not necessarily the implementation of it!
- yannis 13y agoSure, I thought as much. I also agree with the ideal!