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| Britain |
| Britain plans to issue Shariah law-compliant bonds |
| 2008-02-18 |
| Posted by:Fred |
| #3 'Issue' is one thing; having those called 'buyers' is something else altogether. I really don't expect any serious money fund managers to take any of this (in)action. |
| Posted by: USN,Ret. 2008-02-18 13:34 |
| #2 Sounds like Britian is about to discover another variation of the "Sub-prime" lending fiasco, same disaster looming, different name. Is there any requirement in Islam to actualy pay your dhimis back? Or just keep the "Loans" in the name of "Dhimi Tax"? |
| Posted by: Redneck Jim 2008-02-18 11:54 |
| #1 Let's see. It's against Shariah to pay or collect interest. The interest paid on US Treasury bills notes is falling steadily as the Fed cuts interest rates. 2-year notes last week were paying 1.98% a year. When the rates get to 0% or less, they will be Shariah-compliant. Allah be praised! |
| Posted by: Anguper Hupomosing9418 2008-02-18 03:34 |