Spotlight: Islamic Banking System
In times of financial crisis there is an alternative banking system, which has proved to be more stable, than the traditional, Western banking system. I mean – the Islamic banking. The financial systems in the Islamic countries, even in those, who were formerly Soviet republics – like Kazakhstan – are a real alternative, while the Russian business and science lacks necessary knowledge to adapt its finance to the severe conditions of the crisis. We will be discussing this issue with our …
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March 17th, 2009 at 6:14 pm
are there terrorists?
the guy Pro-islamic banks is very clever, i specificly liked his answer when he said “competition is not purely economical”, he touches on the biggest threat that has been causing all the trouble in the world and conspiracy’s
However the Presenter did an appauling job! (if u ever read this quit your job!) firstly you should not have any biases, and secondly you should respect your guests and their ideas regardless of whether you agree or not!
March 17th, 2009 at 6:19 pm
i guess we should try Islamic Banking once..
coz everybody is fed up of the Federal Reserve..
March 17th, 2009 at 9:00 pm
Perhaps we should insert the old christian bank that was similar to islamic bank. The jews ruined the whole idea of banking thanks to people like Rotschild!
March 17th, 2009 at 9:52 pm
islamic banking is sham. take a mortgage for example. instead of lending money with interest, the bank buys the property and sells to the borrower at a profit in installments. the cash flow and collateral between borrower and lender is exactly the same. it’s just not called “interest”. islamic banks are just capitalizing on economic nationalism amongst muslims. it’s a brand!
March 18th, 2009 at 6:53 am
What is a sham is the federal reserves, centralbanks, interest rates and debt on money printing.
March 18th, 2009 at 9:38 am
Throw out the parasites.
March 27th, 2009 at 11:41 pm
Why the TV programmer didn’t get Islamic economist he will explain it more.
Plus Islamic bank it didn’t emerge 44 yars ago. Maybe you heard abut it 44 yeas go,,, But the bank is there since Islam created in our world:)
April 24th, 2009 at 9:20 am
First Islamic bank was found 34 years ago only …and Islamic financial system is more efficient …its a real economy guys and its benefits are on the long term for a healthy economy…read about it, its very interesting especially at this time
” financial crisis”
May 3rd, 2009 at 7:42 am
I agree with Sergey for the most part. I have researched Islamic Sharia-based banking and found that the final outcome does not differ much from traditional Western banking. However, the Islamic financial products act as innovative vehicles that try to hide the fact that income gained is interest-based disguised under the “fee” banner. Nonetheless, I wish Mr. Jamal was more educated on the matter so as to be better able to debate without stumbling on every attempted sentence.
May 21st, 2009 at 6:17 am
44 years? 1400 years ago the islamic banking system was created.