bornblueegg
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Islamic Bank unveils range of ‘mortgage alternatives’
quote from 'Mortgage Strategy'
Answers pls
quote from 'Mortgage Strategy'
Answers pls
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Islamic Bank unveils range of ‘mortgage alternatives’
- Thread starter bornblueegg
- Start date
Re: Islamic Bank unveils range of ‘mortgage alternatives’
Don't know what the question is.
But Muslims I believe don't borrow and save money in the same way as other religions because of their faith. Sharia law prevents them from paying or receiving interest on loans. My colleague has just told me, but he also once told me that a bird at work fancied me and when I tried it on, she told me to fuck off.
Don't know what the question is.
But Muslims I believe don't borrow and save money in the same way as other religions because of their faith. Sharia law prevents them from paying or receiving interest on loans. My colleague has just told me, but he also once told me that a bird at work fancied me and when I tried it on, she told me to fuck off.
bornblueegg
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Re: Islamic Bank unveils range of ‘mortgage alternatives’
fair play, just had no idea what was goin on!
She's just playing hard to get. Do what you did in pre school - offer her a cookie and look up her skirt. If that don't work smack her one
fair play, just had no idea what was goin on!
She's just playing hard to get. Do what you did in pre school - offer her a cookie and look up her skirt. If that don't work smack her one
denislawsbackheel
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- We went to Rotherham…
Re: Islamic Bank unveils range of ‘mortgage alternatives’
They buy the property and lease it to you over so many years. It is interest by any other name.
They buy the property and lease it to you over so many years. It is interest by any other name.
kronkonite
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Re: Islamic Bank unveils range of ‘mortgage alternatives’
just finished "rogue Economics by loretta napoleoni
she advocates this system of banking as it's against usury
90% of the book has left my head already ,due to it being hard going
<a class="postlink" href="http://www.democracynow.org/2008/3/31/loretta_napoleoni_on_rogue_economics_capitalisms" onclick="window.open(this.href);return false;">http://www.democracynow.org/2008/3/31/l ... apitalisms</a>
better than what we have ,I think all profits have to be reinvested so money goes around
just finished "rogue Economics by loretta napoleoni
she advocates this system of banking as it's against usury
90% of the book has left my head already ,due to it being hard going
<a class="postlink" href="http://www.democracynow.org/2008/3/31/loretta_napoleoni_on_rogue_economics_capitalisms" onclick="window.open(this.href);return false;">http://www.democracynow.org/2008/3/31/l ... apitalisms</a>
better than what we have ,I think all profits have to be reinvested so money goes around
sanjeevani
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If mortgage bonds are secured corporate bonds then how did the subprime bubble happen? I am trying to understand secure bonds and I know mortgage bonds are secured bonds,if that is the case,even if they default ,the investor should get the prinicipal back.Can someone give an explanation of this works.
smudgedj
Well-Known Member
sanjeevani said:If mortgage bonds are secured corporate bonds then how did the subprime bubble happen? I am trying to understand secure bonds and I know mortgage bonds are secured bonds,if that is the case,even if they default ,the investor should get the prinicipal back.Can someone give an explanation of this works.
No, but I can explain the offside rule.
ultimateharold
Well-Known Member
I think google may have done this chap in, anyway..
The roots to subprime are a lot wider than the bonds/mortgages themselves, even insured against losses the impact was to big, see AIG.
You could link it back to trade surpluses with China and allsorts.
TBF, wiki will tell you most of what you need to know, and there are many articles about the political pressures banks faced to give out loans.
The roots to subprime are a lot wider than the bonds/mortgages themselves, even insured against losses the impact was to big, see AIG.
You could link it back to trade surpluses with China and allsorts.
TBF, wiki will tell you most of what you need to know, and there are many articles about the political pressures banks faced to give out loans.