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  #131 (permalink)  
Old 01-06-2009, 01:35 PM
Invayne Invayne is offline
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Originally Posted by Think for myself View Post
Sharia finance? Are you vaguely and incorrectly referring to the prohibition on charging or collecting interest? Perhaps vaguely and incorrectly referring to prohibitions against investing in unknowns such as derivatives? Perhaps because we now have a Sharia banking system as you falsely claim, no longer can a pig farmer get a loan, right?


I am going out on a limb and saying that your post is grossly incorrect in it's assertions. Here's a brief overview of what it actually is.

http://www.bankersonline.com/vendor_...kt_100107.html
We have to pay interest fees but they don't? Discrimination. Plus it's a way of getting Sharia Law's foot in the door of the USA. Screw that.

Quote:
AIG Offers First Takaful Homeowners Insurance Product for U.S.

Risk Specialists Companies, Inc. (RSC), a subsidiary of AIG Commercial Insurance, is introducing what it says is a first in the U.S.: a homeowners insurance product that is compliant with key Islamic finance tenets and based on the concept of mutual insurance.
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The Takaful Homeowners Policy is underwritten through RSC member company A.I. Risk Specialists Insurance, Inc., in conjunction with Lexington Insurance Co. and in association with AIG Takaful Enaya. Headquartered in Bahrain, AIG Takaful Enaya was established in 2006 to provide Takaful products, including accident and health, auto, energy, property and casualty products.

The Takaful home policy is the first installment in Lexington Takaful Solutions, a series of Shari'ah-compliant (Takaful) product offerings in the U.S.
http://www.insurancejournal.com/news...2/02/95930.htm

AIG was bailed out with taxpayer money, so they can't proceed with this crap constitutionally.
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  #132 (permalink)  
Old 01-06-2009, 01:45 PM
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Originally Posted by Invayne View Post
We have to pay interest fees but they don't? Discrimination. Plus it's a way of getting Sharia Law's foot in the door of the USA. Screw that.

You should read the bible, and realize they have the same rules.

25 " If you lend money to any of My people who are poor among you, you shall not be like a moneylender to him; you shall not charge him interest.
26 "If you ever take your neighbor's garment as a pledge, you shall return it to him before the sun goes down.
27 "For that is his only covering, it is his garment for his skin. What will he sleep in? And it will be that when he cries to Me, I will hear, for I am gracious. (Exodus 22:25-27)
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35 ' If one of your brethren becomes poor, and falls into poverty among you, then you shall help him, like a stranger or a sojourner, that he may live with you.
36 'Take no usury or interest from him; but fear your God, that your brother may live with you.
37 'You shall not lend him your money for usury, nor lend him your food at a profit. (Leviticus 25:35-37)
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19 " You shall not charge interest to your brother -- interest on money or food or anything that is lent out at interest.
20 "To a foreigner you may charge interest, but to your brother you shall not charge interest, that the LORD your God may bless you in all to which you set your hand in the land which you are entering to possess. (Deuteronomy 23:19,20)
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10 "I also, with my brethren and my servants, am lending them money and grain. Please, let us stop this usury!
11 "Restore now to them, even this day, their lands, their vineyards, their olive groves, and their houses, also a hundredth of the money and the grain, the new wine and the oil, that you have charged them." (Nehemiah 5:10,11)
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5 He who does not put out his money at usury, Nor does he take a bribe against the innocent. He who does these things shall never be moved. (Psalm 15:5)
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8 One who increases his possessions by usury and extortion Gathers it for him who will pity the poor. (Proverbs 28:
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24:1 Behold, the LORD makes the earth empty and makes it waste, Distorts its surface And scatters abroad its inhabitants.
2 And it shall be: As with the people, so with the priest; As with the servant, so with his master; As with the maid, so with her mistress; As with the buyer, so with the seller; As with the lender, so with the borrower; As with the creditor, so with the debtor.
3 The land shall be entirely emptied and utterly plundered, For the LORD has spoken this word. (Isaiah 24:1-3)
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10 Woe is me, my mother, That you have borne me, A man of strife and a man of contention to the whole earth! I have neither lent for interest, Nor have men lent to me for interest. Every one of them curses me. (Jeremiah 15:10)
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7 If he has not oppressed anyone, But has restored to the debtor his pledge; Has robbed no one by violence, But has given his bread to the hungry And covered the naked with clothing;
8 If he has not exacted usury Nor taken any increase, But has withdrawn his hand from iniquity And executed true judgment between man and man;
9 If he has walked in My statutes And kept My judgments faithfully -- He is just; He shall surely live!" Says the Lord GOD. (Ezekiel 18:7-9)
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13 If he has exacted usury Or taken increase -- Shall he then live? He shall not live! If he has done any of these abominations, He shall surely die; His blood shall be upon him. (Ezekiel 18:13)
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17 Who has withdrawn his hand from the poor And not received usury or increase, But has executed My judgments And walked in My statutes -- He shall not die for the iniquity of his father; He shall surely live! (Ezekiel 18:17)
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12 "In you they take bribes to shed blood; you take usury and increase; you have made profit from your neighbors by extortion, and have forgotten Me," says the Lord GOD. (Ezekiel 22:12)
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14 " For the kingdom of heaven is like a man traveling to a far country, who called his own servants and delivered his goods to them.
15 "And to one he gave five talents, to another two, and to another one, to each according to his own ability; and immediately he went on a journey.
16 "Then he who had received the five talents went and traded with them, and made another five talents.
17 "And likewise he who had received two gained two more also.
18 "But he who had received one went and dug in the ground, and hid his lord's money.
19 "After a long time the lord of those servants came and settled accounts with them.
20 "So he who had received five talents came and brought five other talents, saying, 'Lord, you delivered to me five talents; look, I have gained five more talents besides them.'
21 "His lord said to him, 'Well done, good and faithful servant; you were faithful over a few things, I will make you ruler over many things. Enter into the joy of your lord.'
22 "He also who had received two talents came and said, 'Lord, you delivered to me two talents; look, I have gained two more talents besides them.'
23 "His lord said to him, 'Well done, good and faithful servant; you have been faithful over a few things, I will make you ruler over many things. Enter into the joy of your lord.'
24 "Then he who had received the one talent came and said, 'Lord, I knew you to be a hard man, reaping where you have not sown, and gathering where you have not scattered seed.
25 'And I was afraid, and went and hid your talent in the ground. Look, there you have what is yours.'
26 "But his lord answered and said to him, 'You wicked and lazy servant, you knew that I reap where I have not sown, and gather where I have not scattered seed.
27 'So you ought to have deposited my money with the bankers, and at my coming I would have received back my own with interest.
28 'Therefore take the talent from him, and give it to him who has ten talents.
29 'For to everyone who has, more will be given, and he will have abundance; but from him who does not have, even what he has will be taken away. (Matthew 25:14-29)
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Quote:
Originally Posted by Invayne View Post
AIG was bailed out with taxpayer money, so they can't proceed with this crap constitutionally.
Wait. What? An insurance company is offering a program for people that would be complaint with their personal beliefs? That's the basis of your argument? Are you kidding me? What should we do next, try to ban kosher food? Hilarious!
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Last edited by Think for myself; 01-06-2009 at 01:45 PM.
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  #133 (permalink)  
Old 01-06-2009, 01:59 PM
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Originally Posted by Invayne View Post
We have to pay interest fees but they don't? Discrimination. Plus it's a way of getting Sharia Law's foot in the door of the USA. Screw that.




AIG was bailed out with taxpayer money, so they can't proceed with this crap constitutionally.
Oh my goodness. Look. It's insurance that caters to Christians! The horror!

http://medi-share.org/
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I love America more than any other country in this world, and, exactly for this reason, I insist on the right to criticize her perpetually.

God and Country are an unbeatable team; they break all records for oppression and bloodshed.

Patriotism is the religion of hell.
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