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  1. #1
    TXCharlie's Avatar
    TXCharlie is offline Former & Future Reserve Officer
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    Talking What Does "Islamic Banking and Islamic Economics" Mean?

    I just got this spam email, and thought it was amusing... I suppose I could take their web courses that would tell me what Islamic Banking is, but... Nearest I can tell, it means I can put my money in and recieve zero interest - Sweet, almost like the bank I use now

    We the management of AlHuda CIBE and the Online Magazine are thankful indeed to the readers for the appreciations towards promotion and spreading awareness in Islamic Banking & Finance.

    We promise to continue our humble efforts in the right direction. We also look forward to our viewers around the globe to share this Magazine with their friends/colleagues for better awareness of Islamic Banking & Finance. We appreciate all the comments/feedback for the development of this cause. God bless you all.

    Zubair Mughal,
    Editor

    Welcome To Alhuda!
    This is to introduce Al-Huda Center of Islamic Banking and Islamic Economics. In this part of the country this is a pioneering effort to promote Islamic Banking and Islamic Economics in Mass level through Education, Awareness and practice, with a view to support, sustain, spread and supplement SBP and Govt initiative.

    Al-Huda CIBE has been established as a forum for Education, Training and Sharia Advisory service support for Muslim business activity and Islamic Banking. We aim to fulfill all needs of Islamic Banking and Islamic Economics in the Country and also abroad. These facilities are available under one roof with the commitment to quality. A number of current player in the field of Islamic banking are benefiting from our services in one form or other even at this moment.

    Vision
    Riba (interest) is prohibited in divine religion revealed on prophets, be it Moses, Isa or last of Prophets Mohammad (Peace be upon them). Resurrection of Riba has nearly destroyed divine Muslim Economic thought.

    Mission
    To trace, Track and uproot Riba [interest] from divine economic system. Reconstruct Islamic Economy and Banking on foundation laid in Islam. The operative model can be traced in history. To expand the model along time line so as to reach all members of Muslim society.

    To provide education, training and advisory services in this direction and to make its easy to follow religion in business activities for every Muslim.
    Last edited by TXCharlie; 04-07-07 at 02:12 PM.

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  2. #2
    JLK's Avatar
    JLK
    JLK is offline Protecting Those That Can't Protect Themselves
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    so do they provide no riba loans?


    "A strong man stands up for himself. A stronger man stands up for others."
    Ben

    The old sheriff was attending an awards dinner when a lady commented
    on his wearing his sidearm. "Sheriff, I see you have your pistol. Are you
    expecting trouble?" "No Ma'am. If I were expecting trouble, I would have
    brought my rifle."
    (just stole this one hope you don't mind)


    The trouble with our liberal friends is not that they are ignorant,
    it is just that they know so much that isn't so.
    President Ronald Reagan



  3. #3
    Piggybank Cop's Avatar
    Piggybank Cop is offline Nobody important.
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    TXCharlie

    You have weird contacts and way too much free time.

    We are the thin blue line
    between you
    and all the money in the world.

    And no you can't have any.

  4. #4
    Jenna's Avatar
    Jenna is offline sheep
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    Riba is Arabic for "interest." Islam prohibits "usury" (defined as any loan that charges interest). Islamic banking avoids loans that involve interest, or trading in financial risk (which are like gambling), or investing in producers of pork, alcohol, pornography, or other things prohibited by Islam.

    http://en.wikipedia.org/wiki/Islamic_banking

  5. #5
    countybear's Avatar
    countybear is offline BDRT - Baby Daddy Removal Team
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    So, if you open a free checking and maintain a minimum balance of $200.00, do you recieve a free IED at the end of the month?


    "The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money."
    - Alexis de Tocqueville, Democracy in America

    Tell me not, Sweet, I am unkind,
    That from the nunnery
    Of thy chaste breast and quiet mind
    To war and arms I fly.
    - Lovelace

    The opinions expressed by this poster are wholly his own, and should never be construed to even remotely be in representation of his employer, its agencies or assigns. In fact, they probably fail to be in alignment with the opinions of any rational human being.

  6. #6
    k-9max's Avatar
    k-9max is offline K9 Officer
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    this was spam?
    wow
    YEAH, IM THE BERRIES, AND CHERRIES IN YOUR REAR VIEW MIRROR.

    Handle every stressful situation like a dog.
    Eat it, Play with it, or piss on it, and walk away!

    As smart as man is, we haven't been able to invent a machine that can smell drugs or tell us where a person has walked, Dogs are sophisticated investigative tools!

  7. #7
    TXCharlie's Avatar
    TXCharlie is offline Former & Future Reserve Officer
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    I think their ISP musta shut them down - When I got back home just now, their site won't come up anymore, and the linked-in photos no longer appear in their email

    Too bad, I coulda used some zero-interest loans
    Last edited by TXCharlie; 04-07-07 at 07:41 PM.

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  8. #8
    Virginian's Avatar
    Virginian is offline Major
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    I think there has been a big "boom" in the Islamic market!

  9. #9
    Donut Aficionado's Avatar
    Donut Aficionado is offline The Hillbilly Warlord
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    Quote Originally Posted by Virginian View Post
    I think there has been a big "boom" in the Islamic market!
    HA HA HA!!! I was in an Islamic Market that went boom just last week!!!!!
    Insert witty comment and disclaimer here.

  10. #10
    countybear's Avatar
    countybear is offline BDRT - Baby Daddy Removal Team
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    Shiite business days are Mon/Wed/Fri... Sunni's Tues/Thurs

    Please leave RPG's at the door

    No pets, unless seeing eye or bomb-sniffing

    Credit life unavailable at the present time, check back later...

    Closed for the two major Islamic religious holidays, Ramadan and Kabooom!

    "The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money."
    - Alexis de Tocqueville, Democracy in America

    Tell me not, Sweet, I am unkind,
    That from the nunnery
    Of thy chaste breast and quiet mind
    To war and arms I fly.
    - Lovelace

    The opinions expressed by this poster are wholly his own, and should never be construed to even remotely be in representation of his employer, its agencies or assigns. In fact, they probably fail to be in alignment with the opinions of any rational human being.

  11. #11
    TXCharlie's Avatar
    TXCharlie is offline Former & Future Reserve Officer
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    Quote Originally Posted by countybear View Post
    Closed for the two major Islamic religious holidays, Ramadan and Kabooom!
    LOL


    Oh no, the Kaboom holiday season must be over... Their web site is back up. But one thing about the Kaboom holiday, it's celebrated everyday, so tomorrow starts a new season

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