It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Its just something I pointed out. And its up for debate anyway, because everyone interprets things as however it benefits them at the time. Your points are still valid, so it isn't a big deal.
Originally posted by RainCloud
Originally posted by Zaxxon
Originally posted by RainCloud
Typically, scholars point to Mosaic Law as the 'Law' that the Sermon on the Mound refers to teaching and following, which would be the Ten Commandments, not the laws created by the Levites et al.
Yes, you are a correct, but I do have problem finding a clear excerpts from New Tes. regarding "interest/usurp" except from Old Testament where its clearly stated.
Sorry if I'm mistaken somewhere and do correct me. Thanks
[edit on 1-8-2010 by RainCloud]
Originally posted by Zaxxon
Its is interesting. I have seen you say that interest is unfair and that Al-Riba is the answer, yet those who argue that even with Al-Riba implemented, the Islamic Banking system just charges interest, but calling it a different name and you never responded to that.
If you'd like to debate about Al-Riba/Islamic Banking System, then you must actually debate about it.
Originally posted by RainCloud
I fully support the OP promoting Sharia No Riba proposition.
For those who support riba/interest, please read so you can be educated adequately.
Look for "I Want The Earth Plus 5%" entirely so you can open your eyes and understand how the interest system screw us and why no riba/no interest is good.
I want the Earth plus 5%
Since I am providing a service, that is, the money supply, I am entitled to payment for my work. Let us say that for every 100 pieces you obtain, you repay me 105 for every year that you owe the debt. The 5 will be my charge, and I shall call this charge interest.
Originally posted by SeekerofTruth101
The secondary purpose, unfortunately reveals how a number of posters here will totally disregard an idea for discussion that may be possible for adoption for the sake of common good, just because it came from a 'hated side'.
It only shows and proves how retarded a mankind had regressed, just because a good idea from another community is tossed aside simply because out of hatred for their beliefs.
Originally posted by muftanan
reply to post by jfj123
Oh my God, did we just submit to sharia?! Of course not, but we do agree with it on this issue. Maybe we would benefit, as a society, if we agreed with it on a couple other issues, one being banking.
The only "bargain with the devil" going on here is your decision to keep a closed mind.
Originally posted by jfj123
except when you submit to sharia, you must submit completely. You can't pick and choose. Lets focus on the word SUBMIT.
[]
The OP didn't ask if we "agree" with some parts of sharia, he/she asked if we would actually submit to it.
Originally posted by operation mindcrime
The no-interest part makes sense but why is everything, coming from this religion, about submission??
Can't we just agree on something? You know, try it out first....
But noooo....you have to submit or else!!
Originally posted by Zaxxon
I don't know enough about the Islamic Banking system to know what happens when you default or if there is some sort of credit system.
I will agree that the US banking system is indeed broken. And ARM? I can't believe that people even take those or interest only payments and expect to live in a house for more than 5 years. It only makes sense if you plan on selling shortly after buying.
I will also agree that the credit system is rediculous. So much in fact that the very people that approve loans based on your credit do not know how it works. Its also sad that your score actually faulters when you show financial responsibility and not use your credit cards much.
Then the tax payers are burdened with this brunt of debt with nothing to show for it.
I do agree that the banking system needs an overall, but accounting practices and a seemingly clueless IMF are probably where we should start.
American Finance House LARIBA is the Oldest Community-Owned, Riba-Free and Shari'aa Compliant Finance Company Serving the Community in the US since 1987.
1. We do not Rent Money. We approach each transaction as an investment (using the Lease-to-purchase Model) instead of Lending. We advise you as to whether the transaction is a good investment or it is better to rent.
2. We never start from an interest rate to calculate your payment. Your payment is based on the market rental value of the property you are seeking to finance. The rental value is determined by mutual agreement between you and us.
3. We work with clients in a humane and fair way (Tarahum) in times of trouble.
Originally posted by Sri Oracle
Now... Specific flame baiting words of the OP aside... please step out of your ethnocentric bubble... we all understand you don't like the "rest" of Sharia law. We all realize that if you submit to Sharia, you think the boogey man will get you... ok.
now lets talk about banking reform.
jfj123:
Please. FOCUS! This is MY thread... you're free to create your own focused on anti-submission to Islamic law.