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Quote IssaEl999 Replybullet Posted: 23 April 2011 at 4:00pm

How a foreclosure freeze could heat up our economy

By Dr. Wilmer J. Leon III


OPINION - In an economy that is still in recession, a rebounding housing market would go a long way towards providing much needed economic stimulus and stability...

> read more
El's Holy Qur'aan , States In Chapter 17 ; 81 , '' And Say ; Truth Has ( Now ) Arrived , And Falsehood Perished ; For Falsehood Is ( By Its Nature ) Bound To Perish (81 ) .
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Quote Matt Browne Replybullet Posted: 12 May 2011 at 5:16am
Predatory lending is unethical in most world views.

We should expose the guilty.

A religion that's intolerant of other religions can't be the world's best religion --Abdel Samad
Great minds discuss ideas. Average minds discuss events. Small minds discuss people--Eleanor Roosevelt
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Quote nothing Replybullet Posted: 25 March 2013 at 3:38pm
Originally posted by schmikbob

I was wondering what the Islamic position was on loans.  I thought the Quran prohibited usury but not the legal charging of interest.

The interest mentioned in the Qur'an is the INSANE type of lending method, the unregulated. You only can understand this once you see it in action. In some case it is 100% interest. Today the so called Islamic Bank does not charge interest but fees and/or shared profit. The lenders are businesses that making money with their money, just like everybody else.
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