Home › Forums › Financial Markets/Economics › Who gets imprisoned when Dubai World goes bust
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patb.
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November 30, 2009 at 11:00 PM #16739December 1, 2009 at 5:29 AM #488571
Arraya
ParticipantI don’t know who gets arrested but it is likely to have a conservative religious backlash.
Islamic banking refers to a system of banking or banking activity that is consistent with the principles of Islamic law (Sharia) and its practical application through the development of Islamic economics. Sharia prohibits the payment or acceptance of interest fees for the lending and accepting of money respectively, (Riba, usury) for specific terms, as well as investing in businesses that provide goods or services considered contrary to its principles (Haraam, forbidden). While these principles were used as the basis for a flourishing economy in earlier times, it is only in the late 20th century that a number of Islamic banks were formed to apply these principles to private or semi-private commercial institutions within the Muslim community.
December 1, 2009 at 5:29 AM #488737ParticipantI don’t know who gets arrested but it is likely to have a conservative religious backlash.
Islamic banking refers to a system of banking or banking activity that is consistent with the principles of Islamic law (Sharia) and its practical application through the development of Islamic economics. Sharia prohibits the payment or acceptance of interest fees for the lending and accepting of money respectively, (Riba, usury) for specific terms, as well as investing in businesses that provide goods or services considered contrary to its principles (Haraam, forbidden). While these principles were used as the basis for a flourishing economy in earlier times, it is only in the late 20th century that a number of Islamic banks were formed to apply these principles to private or semi-private commercial institutions within the Muslim community.
December 1, 2009 at 5:29 AM #489120ParticipantI don’t know who gets arrested but it is likely to have a conservative religious backlash.
Islamic banking refers to a system of banking or banking activity that is consistent with the principles of Islamic law (Sharia) and its practical application through the development of Islamic economics. Sharia prohibits the payment or acceptance of interest fees for the lending and accepting of money respectively, (Riba, usury) for specific terms, as well as investing in businesses that provide goods or services considered contrary to its principles (Haraam, forbidden). While these principles were used as the basis for a flourishing economy in earlier times, it is only in the late 20th century that a number of Islamic banks were formed to apply these principles to private or semi-private commercial institutions within the Muslim community.
December 1, 2009 at 5:29 AM #489208ParticipantI don’t know who gets arrested but it is likely to have a conservative religious backlash.
Islamic banking refers to a system of banking or banking activity that is consistent with the principles of Islamic law (Sharia) and its practical application through the development of Islamic economics. Sharia prohibits the payment or acceptance of interest fees for the lending and accepting of money respectively, (Riba, usury) for specific terms, as well as investing in businesses that provide goods or services considered contrary to its principles (Haraam, forbidden). While these principles were used as the basis for a flourishing economy in earlier times, it is only in the late 20th century that a number of Islamic banks were formed to apply these principles to private or semi-private commercial institutions within the Muslim community.
December 1, 2009 at 5:29 AM #489439ParticipantI don’t know who gets arrested but it is likely to have a conservative religious backlash.
Islamic banking refers to a system of banking or banking activity that is consistent with the principles of Islamic law (Sharia) and its practical application through the development of Islamic economics. Sharia prohibits the payment or acceptance of interest fees for the lending and accepting of money respectively, (Riba, usury) for specific terms, as well as investing in businesses that provide goods or services considered contrary to its principles (Haraam, forbidden). While these principles were used as the basis for a flourishing economy in earlier times, it is only in the late 20th century that a number of Islamic banks were formed to apply these principles to private or semi-private commercial institutions within the Muslim community.
December 1, 2009 at 3:21 PM #488971patb
Participantwell if nothing else Dubai was the party town of
the Middle East. Women in Bikinis’, western garb,
drinking, etc…The zealots will likely say “This has brought you low”
and insist on some social changes if not the
review of the Sukuk process.December 1, 2009 at 3:21 PM #489137Participantwell if nothing else Dubai was the party town of
the Middle East. Women in Bikinis’, western garb,
drinking, etc…The zealots will likely say “This has brought you low”
and insist on some social changes if not the
review of the Sukuk process.December 1, 2009 at 3:21 PM #489521Participantwell if nothing else Dubai was the party town of
the Middle East. Women in Bikinis’, western garb,
drinking, etc…The zealots will likely say “This has brought you low”
and insist on some social changes if not the
review of the Sukuk process.December 1, 2009 at 3:21 PM #489608Participantwell if nothing else Dubai was the party town of
the Middle East. Women in Bikinis’, western garb,
drinking, etc…The zealots will likely say “This has brought you low”
and insist on some social changes if not the
review of the Sukuk process.December 1, 2009 at 3:21 PM #489839Participantwell if nothing else Dubai was the party town of
the Middle East. Women in Bikinis’, western garb,
drinking, etc…The zealots will likely say “This has brought you low”
and insist on some social changes if not the
review of the Sukuk process. -
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