Topic: Why do islam hates people? - page 136. (Read 437478 times)

Even the Dubai banks work to screw the people as much as they can. Interest is irrelevant. Interest is only the icing on the cake, used, partially, to blind the people to the truth. Sometimes this icing is very thin, or even non-existent, as in no-interest loans that happen all over the world now and again. But the cake is still there.

See https://bitcointalksearch.org/topic/m.11212634.

Obviously you don't understand Dubai.

Money flows in multiple directions, business, government private, consumer.  It's well understood how slight increases in inflation affect money flow, and how changing interest rates affect flows.  It is the essential part of economic development, what causes a downtown of a city to exist, to have buildings.  Each was an investment decision, involving interest as an incentive for the one loaning money.  Bonds issued by cities (interest bearing) are often what causes the streets and infrastructure to exist.  Consumers rely on interest earned for their retirement plans to match inflation.

People put their money in Banks for security and easy-access/spending. Certainly, interest influence their choice of bank. More interest a bank pays, the more investors they get. It isn't, like I said, part of economic development. From your post, I understood you are only considering one side.

Just as Christians can study biology and evolution, Muslims can certainly study economics.  Certainly the concepts of "no interest" in the Koran represent voodoo economics.

Interest serves many purposes in today's world.  As previously mentioned, when a nation's currency is depreciating, interest is about the only thing that will give people incentive to keep their money in investments and banks.  No one would have "retirement savings accounts" if they did not earn interest.

A true rate of interest would be the interest paid less the amount of loss of value of a currency.  Cutting interest out of a nation's economy does nothing except vastly increase the power of the state, which can print money when more is required for projects.  Likely this is one reason largely Muslim nations are so backwards.

Interest is just a way for lenders to earn more. Borrowers need to spend more money on repayment. Well, people from low level middle class can hardly repay them, but they do with very strugglings. Poor people always end up badly and most of them suicide. Increasing wealth of a few persons and putting large number of people into danger is certainly not an economic development. You are only taking case of high level middle class people.

That's what I said. Check through people's lives.

Yeah, sorry! I forgot Muslims don't know how to read and study. Also didn't know we only knew voodoo economics, in fact, we don't know voodoo. Don't even talk about things you don't know, else, you will spread stupidity just like you do now. No offense.

Certainly availability of interest is a part of commercial development, and is an important part of average people's lives, enabling them to buy cars and houses and then pay them off while they use them.  Same thing with credit cards.  The fact that debt can be abused is no different than the fact that alcohol can be abused.  Both have good and bad aspects in today's society.

Just check through peoples' lives.

Don't lecture people about economics that you know nothing about except voodoo economics from some old book.

It is in the nature of man to destroy himself. It's in our DNA since the world exists, religions, politics, football, music ... Everything is done and thought to be different from other while each defending their religion, their football team, their gender of music... Sad but true, as Metallica song says.

No problem. Anytime.

Interest is a part of development? Just checkout through people's lives. Interest have been a big threat to lives of many people. Interest isn't mandatory for development. For bank, it is a business and they do their maximum to squeeze people with higher interest which in fact, takes their lives. I don't understand how *you* are saying it.

The last line is funny.

the more money that gets loaned to you = the more faith you have in Islam? sounds like you are trying to make a deal with a religion LOL. faith in a religion is not about what you can gain from it. its not like you go to the store and get only what you want, then checkout and done.

islamicbanking offers zero interest rate for loans btw

Thanks, but I was joking.   Actually I personally have always believed a prohibition against interest to be ignorant and stupid.  Especially when governments inflate currency, interest is the only countermeasure to break even.

It would seem that the issue of interest is one in which the Koran cannot be right, then.  As it considers money a thing which neither increases or decreases in value,  and without consideration of these factors, a just policy on interest cannot be established.  (Of course corrupt governments could emphasize the Evil of Interest in Islam, to keep it's people from fighting back and finding ways to keep their wealth and savings.)

So the Koran is wrong on this.   The ban on interest which might have been logical and just in the dim past, today works against the betterment of people and their culture.  Interest on loans is in large part what makes money flow, and must compensate not only for the governments' madness of printing money, but for risk in ventures.

Little or no availability of interest for loans would impact the entire development of a society, and keep it backwards.  I wonder then if this might not be a factor in the correlation between the most Islamic areas being the most backwards in education, technology and industrial development.

This fruitcake is wrong on several fronts. First of all, you can't punish someone for fearing something. If someone hates some other individual, or an ethnic group, then it should be taken seriously.

And secondly, why limit this just to Islam? Does Miliband think that other religions are less equal? IMO, he is claiming that it is perfectly OK to fear Jews, Christians, Hindus, Sikhs.etc, but it is not to fear Islam.

I said his real intention isn't clear because in media he is saying as Islam forbids it, he isn't paying. But what if he doesn't really believe but want to avoid paying interest to save his money or he doesn't have enough money. True intention is unknown. As I said, he shouldn't have taken an interest loan if he doesn't want to pay.

Anout interest: Islam forbids involving with interest, charging, paying, being a witness etc... for an interest thing is haram.


There are many muslims who give interest-free loans even in this forum. There was an "Islamic bank" thread in Lending section which gave out interest-free loans. If you are interested, https://bitcointalksearch.org/topic/no-collateralno-interest-offering-micro-loans-to-everyone-958575.


This is probably a sarcastic sentence. Islam doesn't tell to kill innocent people. Allah never said it. IMHO you should protect them than giving rights if someone try to attack.

Its a wrong belief that islam hates people..nothing is mentioned in holy book QURAN that islam hates people. Everyone wants peace and its just bcoz of behaviour of few people their religion is getting spoiled QURAN also tells you the same thing that BIBLE says..

British Labour Party: We’ll Make Fear of Islam an Aggravated Crime








A future Labour Government is committed to outlaw the scourge of Islamophobia by changing the law and making it an aggravated crime, according to the Party’s Leader Ed Miliband.

“We are going to make it an aggravated crime. We are going to make sure it is marked on people’s records with the police to make sure they root out Islamophobia as a hate crime,” Miliband told the Editor of The Muslim News, Ahmed J Versi in a wide ranging exclusive interview.

“We are going to change the law on this so we make it absolutely clear of our abhorrence of hate crime and Islamophobia. It will be the first time that the police will record Islamophobic attacks right across the country,” he said.

Labour Party Manifesto pledged to take a “zero-tolerance approach to hate crime” regarding the growth of Islamophobia as well as anti-Semitism. “We will challenge prejudice before it grows, whether in schools, universities or on social media. And we will strengthen the law on disability, homophobic, and transphobic hate crime,” it said.

Despite voting for the new Counter Terrorism Act last month, Labour was also critical of the way the Government has cut funding and narrowed the focus of the controversial Prevent extremism programme, saying that much of the work to “engage Muslim communities has been lost.”




http://www.muslimnews.co.uk/newspaper/top-stories/labour-to-outlaw-islamophobia-says-miliband-in-an-exclusive-interview/

I hereby give the Muslims the right  to kill me and my family.  After all Allah said it

This is why I want Muslims to prove their true faith by loaning me money at zero interest.

The more they loan at zero interest, the more faith they have.

And I will pay them back.  It may be after the paper money is worthless but I will pay back every penny.

Islam never hates poeple, just non islam hates islam.
islam solusion in the life.

Isn't his intention clear? It seems to me it is not to pay the interest. I'm interested to know does Islam forbid the payment of interest, or just the charging of interest which implies that if it can't be charged, it is not to be paid? If Islam only forbids the charging of interest, what basis does he have to claim he cannot pay? And most importantly, if someone lent him money who is not a Muslim, does he not have a moral obligation not to take the loan since he knows they will ask for interest which he has no intention of paying? I don't know how it works in Islam, but in the western world, breaking a contract is dishonorable, and reflects poorly on your morality and ethics as an individual.

Problem NOT solved. I had to log in just to write this, because this is very important. Loans in the U.S. and the modern banking world that is under the IMF (International Monetary Fund) are not loans. They are creations of new money.

Two Federal Reserve pamphlets that are both now out of print explain this. They are "Modern Money Mechanics" and "Two Faces of Debt." "Two Faces of Debt" is shorter, and clearly explains how modern bank loans are not loans at the same time that they are. The thing that both pamphlets hide is, who is loaning the money to whom.

Things have changed a little since 20 years ago, but the loan process essentially works like this:
1. You get approved for a loan;
2. You sit across from the loan officer and sign the promissory note or other paperwork;
3. The loan officer takes your signed paperwork, as a loan from you, and deposits it into a temporary holding account that he opens up in your name, just like it was a check that you had signed;
4. The loan officer then withdraws the amount from your temporary holding account in the form of a bank check, or maybe even cash, and closes the temporary account;
5. The loan officer repays the loan to you from the instrument(s) he withdrew, with the idea that you think that it is a loan from the bank;
6. Over the months or years you donate funds to the bank thinking that you are paying back a loan with interest, a thing that you cannot do, because the bank never loaned you the money... rather, you loaned it to the bank that first day, and the bank payed you back at the same time;
7. The bank sells the loan paperwork to unwary buyers (who don't understand the process any more than you do) to make it hard for anyone to find the real paperwork that you could use to fight the bank with.

How do we know this is true? A few bank accountants who couldn't stomach the dishonesty have come forward to show the bank ledgers that prove that this is exactly what is happening. Google "Tom Schauf," one of those (former) bank accountants, and get his books.