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Seattle Mayor Ed Murray Seeks Interest Free Housing For Muslims

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posted on Jul, 30 2015 @ 01:58 AM
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originally posted by: BlueJacket
a reply to: buster2010

It is also against the Catholic faith to provide birth control...why the double standard?


There is no double standard. Catholics got a religious exemption to that requirement. Furthermore you're talking about an individual vs an organization here. A Catholic is free to not use birth control while participating in society. Due to the necessities of financing a Muslim (and for that matter Christians as they're taught the same thing) cannot take out a traditional loan for a home, business, or anything else due to the religious clause against usury.

What the Seattle mayor is attempting to do is to get some banks to create non interest bearing loans. What this typically means is that the bank buys the object for you, charges a markup, and then sells it to you at the marked up price. However no compound interest takes place, and money doesn't simply make money, but rather what's being paid for is the value of the goods.



 
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