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Topic: Why do islam hates people? - page 138. (Read 437405 times)

legendary
Activity: 3906
Merit: 1373
April 27, 2015, 08:23:28 PM
....
The whole banking and interest thing is irrelevant to the topic about why Islam hates people. Yet, it's fun playing with side topics that are some kind of offshoots of the main topic.

Smiley
Excuse me but I thought it wasn't irrelevant.  Because those evil Joooeesss need to be hated, because they are rich, and that's because they charge interest, and the poor Muslims are poor, and it's the fault of the Interest?  Wait, not it's the fault of the Evil JOOOOEEES?  But the Interest is EVIL too?

Or something like that?  Anyway, somehow I thought it was related in some peoples brains.

They ain't rich because they charge interest. Interest is just a distraction they use to keep us from finding out how they get rich off us. They get rich off us by telling us they are loaning us some money. Then they use our signature on some instrument to create new money. Nothing wrong with that, if they would tell us that it was a creation of new money. Then they give us the new money like it is a loan to us and make us pay it back... something that was ours in the first place.

Oh, sure. They get a bit more with the interest. But the whole thing is crooked, right from the start, interest or no interest.

Smiley
legendary
Activity: 2926
Merit: 1386
April 27, 2015, 04:09:33 PM
....
The whole banking and interest thing is irrelevant to the topic about why Islam hates people. Yet, it's fun playing with side topics that are some kind of offshoots of the main topic.

Smiley
Excuse me but I thought it wasn't irrelevant.  Because those evil Joooeesss need to be hated, because they are rich, and that's because they charge interest, and the poor Muslims are poor, and it's the fault of the Interest?  Wait, not it's the fault of the Evil JOOOOEEES?  But the Interest is EVIL too?

Or something like that?  Anyway, somehow I thought it was related in some peoples brains.
legendary
Activity: 3906
Merit: 1373
April 27, 2015, 01:21:12 PM
....

Interest is a part of development? Undecided 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. ...
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.

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.
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.

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.
Obviously you don't understand Dubai.

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.

Smiley

When you decide to go off on an unrelated subject, please don't do it on my posts.  When some banker decides to go off and screw someone, SO WHAT?  When we are talking about economic and fiscal systems and structures, that sort of thing is meaningless.  

Even talking about "usury" has no meaning unless you know and can relate to "usury" the rate of inflation of the currency at the time the term is applied.

More generally, stop and ask how would your life change overnight if "interest" stopped.   Loans on cars and houses would completely stop, and those industries would crater.  Credit cards would stop working.  Many other things that people do not realize have interest components, such as short term lines of credit for payroll in business, would stop, and those people would lose their jobs.

Also, since banks hold peoples' money only because people get a bit of interest for their doing so, if interest stopped, then people would have no reason to have banks hold their money.  They'd likely just pull it out.  Then you would have the inevitable banking crashes, since the banks only have a fraction of the money "on deposit."

In short, modern society would cease to function.

It would be nice to say that bitcoin would fill these niches, but it would not.  

Well this is certainly part of the "Wisdom of Islam."  The "Perfect Book", the "Koran."

Yeah right.

I head over to the the restaurant. The waitress comes over to my table and says, "May I take your order?"

I didn't ask to take your order. You just gave your order, and that without even asking to see my price list. When I take your order and deliver your product/service that you ordered, are you going to pay the bill I tender to you, however large that it might be, since you simply tendered your order without asking to see my prices first?

----------

The whole banking and interest thing is irrelevant to the topic about why Islam hates people. Yet, it's fun playing with side topics that are some kind of offshoots of the main topic.

Smiley
legendary
Activity: 2926
Merit: 1386
April 27, 2015, 12:53:11 PM
....

Interest is a part of development? Undecided 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. ...
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.

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.
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.

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.
Obviously you don't understand Dubai.

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.

Smiley

When you decide to go off on an unrelated subject, please don't do it on my posts.  When some banker decides to go off and screw someone, SO WHAT?  When we are talking about economic and fiscal systems and structures, that sort of thing is meaningless.  

Even talking about "usury" has no meaning unless you know and can relate to "usury" the rate of inflation of the currency at the time the term is applied.

More generally, stop and ask how would your life change overnight if "interest" stopped.   Loans on cars and houses would completely stop, and those industries would crater.  Credit cards would stop working.  Many other things that people do not realize have interest components, such as short term lines of credit for payroll in business, would stop, and those people would lose their jobs.

Also, since banks hold peoples' money only because people get a bit of interest for their doing so, if interest stopped, then people would have no reason to have banks hold their money.  They'd likely just pull it out.  Then you would have the inevitable banking crashes, since the banks only have a fraction of the money "on deposit."

In short, modern society would cease to function.

It would be nice to say that bitcoin would fill these niches, but it would not.  

Well this is certainly part of the "Wisdom of Islam."  The "Perfect Book", the "Koran."

Yeah right.
legendary
Activity: 1092
Merit: 1004
April 27, 2015, 12:07:03 PM
That is a painstakingly long literature based answer, which would need 50-150 pages of meticulous notes based on historical and archaeological records Cheesy

I ain't got the time these days to indulge people to that length of written explanations, but here is a starting point.

The entire linguistic and conceptual basis for a peaceful and harmonious humanity originates from Indian, Greek and Roman philosophy - who formulated new policies of reform to nations, which were constantly rejected by the pagan civilizations that had seen them appear in.

Under Peter, Christianity won the support and resources of the philosophers and philosophical communities in the Mediterranean region by promising to implement as many of these humanitarian policies as they could, should Christians gain widespread acceptance.

Across the world, in the Indian Subcontinent, Hinduism under the Brahman Priesthood and Buddhism under the Buddhist Priesthood entered into collaborative policy projects with India's philosophers and philosophical communities to transform Asia and the Far East into more peaceful and harmonious nations .

The success of these joint projects led to the disappearance of those philosophers and philosophical communities, because these regions entered a period of peacefulness and harmony that led them to look to their religious leaders for wisdom.

Foreign invaders destroyed those policy projects. Because, the philosophers and their philosophical communities had disappeared, their was no-one left to rebuild after periods of sustained violence caused to these regions.

Islam arose in period of no philosophy and no philosophical communities, therefore the religion has nothing similar to Christianity's civilized period under Augustine of Hippo (13 November 354 – 28 August 430) or Hinduism/Buddhism karma principals.

Key dictionary terms specifically originating from philosophy:

Morals: 1) adhering to or directed towards what is right; virtuous. 2) of or relating to character or conduct considered as good or evil.

Ethics: 1) a science of morals, that branch of philosophy which is concerned with human character and conduct; a system of morals or rules of behaviour; a treatise on morals.

Principle: 1) source, root, origin. 2) fundamental theoretical basis.

When these three things are combined, it creates the highest moral and ethical explanation, which deliver the effects of peacefulness and harmony domestically for nations.

Christianity did not have this directly in the bible (Old Testament), but because the early Christians lived up to these higher philosophical explanations for 400 years (100AD-500AD) it is an optional part of Christianity' history, which comes and goes rather like fashion trends amongst modern day Christian communities.

Hinduism, Buddhism, Sikhism, etc have this linguistic heritage (partially) included within their religious books, but the terms have different names or expressed as mechanisms to achieve good lives.

Islam does not have this heritage, nor does it have it included in its books. Islam is akin to an ancient pre-philosophy pagan religions, which offered vast rewards in the afterlife via following rules divorced from the philosophy (science) of morals, ethics and principles.
legendary
Activity: 3906
Merit: 1373
April 27, 2015, 11:12:56 AM
....

Interest is a part of development? Undecided 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. ...
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.

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.
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.

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.
Obviously you don't understand Dubai.

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.

Smiley
legendary
Activity: 2926
Merit: 1386
April 27, 2015, 11:07:50 AM
....

Interest is a part of development? Undecided 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. ...
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.

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.
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.

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.
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.

hero member
Activity: 560
Merit: 509
I prefer Zakir over Muhammed when mentioning me!
April 27, 2015, 10:11:10 AM
....

Interest is a part of development? Undecided 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. ...
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.

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.
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.

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.
legendary
Activity: 2926
Merit: 1386
April 27, 2015, 06:47:42 AM
....

Interest is a part of development? Undecided 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. ...
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.

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.
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.



hero member
Activity: 560
Merit: 509
I prefer Zakir over Muhammed when mentioning me!
April 26, 2015, 04:57:10 PM
....

Interest is a part of development? Undecided 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. ...
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.

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.
legendary
Activity: 2926
Merit: 1386
April 26, 2015, 04:10:58 PM
....

Interest is a part of development? Undecided 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. ...
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.
legendary
Activity: 1526
Merit: 1014
April 26, 2015, 03:50:37 PM
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.
hero member
Activity: 560
Merit: 509
I prefer Zakir over Muhammed when mentioning me!
April 26, 2015, 01:56:08 PM
He shouldn't have taken a loan with interest if he doesn't like to pay interest. He probably will end up in a bad way if he doesn't pay. There are many ways for him to pay if he is firm with his decision such as using interest paid to depositors by banks to pay the interest of the loan. Still, his real intention is unknown.

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.

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.

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.
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.

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. Wink

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.

No problem. Anytime. Smiley

Interest is a part of development? Undecided 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.
full member
Activity: 196
Merit: 100
Scam / Scammer Hunter
April 26, 2015, 12:27:05 PM
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.
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.

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.
full member
Activity: 196
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Scam / Scammer Hunter
April 26, 2015, 12:24:31 PM
 
Muslim Man Says Islam Forbids Him From Paying $32,000 In Student Loan Interest…

The long-lived opinion in some cultures that interest on loans is sinful is of course nurtured by a reaction against loan-sharks. Nevertheless:....

But I can go with that.  True Believers of the Islam Faith should give us all zero interest loans.  Particularly in areas where there are Evil Joooeeesss sucking in all that evil interest.

Problem solved.

islamicbanking offers zero interest rate for loans btw Smiley
legendary
Activity: 2926
Merit: 1386
April 26, 2015, 08:44:45 AM
He shouldn't have taken a loan with interest if he doesn't like to pay interest. He probably will end up in a bad way if he doesn't pay. There are many ways for him to pay if he is firm with his decision such as using interest paid to depositors by banks to pay the interest of the loan. Still, his real intention is unknown.

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.

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.

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.
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.

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. Wink

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.
legendary
Activity: 3766
Merit: 1217
April 26, 2015, 08:43:04 AM
British Labour Party: We’ll Make Fear of Islam an Aggravated Crime

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.
hero member
Activity: 560
Merit: 509
I prefer Zakir over Muhammed when mentioning me!
April 26, 2015, 07:34:44 AM
He shouldn't have taken a loan with interest if he doesn't like to pay interest. He probably will end up in a bad way if he doesn't pay. There are many ways for him to pay if he is firm with his decision such as using interest paid to depositors by banks to pay the interest of the loan. Still, his real intention is unknown.

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.

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.

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.
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.

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. Wink

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

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.
hero member
Activity: 938
Merit: 1000
April 26, 2015, 06:51:20 AM
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..
legendary
Activity: 1176
Merit: 1001
minds.com/Wilikon
April 25, 2015, 10:02:12 PM



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/




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