| Author |
so who is religous here? |
solidsingh
Joined: Jan 15, 2004
Posts: > 500
From: india
PM |
tis heavenly
|
|
|
gelfen
Joined: Nov 22, 2003
Posts: > 500
From: Melbourne, Australia
PM |
i think some people are drifting off topic a bit. let's try to keep it relevant and civilised people 
EDIT: this comment was in reference to a sequence of posts which has now been deleted
Quote:
|
On 2005-10-13 18:36:13, amnesia wrote:
In an Islamic bank, they say, ok you want this car. The bank BUYS the car, then gives it to you and gives you a finance option which comes to 20,000.
It's a technicality but one that most Muslims have no choice with in this day and age. |
|
but it's not even a technicaltiy really, just semantics. whichever way you try to justify it they are still charging interest. while most muslims wouldn't have a choice, the bank certainly does.
it would be justfiable if the additional payments were kept strictly in line with the CPI and inflation, since 15,000 is worth less today than say five years ago, or is it justified as paying for the services of the bank employees (which would naturally be less otherwise the bank would never make a profit).
Quote:
|
On 2005-10-13 15:58:53, PeterKay wrote:
The definition of Interest, the literal meaning of interest or Al-Riba as it is used in the arabic language means to excess or increase. In the Islamic terminology interest means effortless profit or that profit which comes free from compensation or that extra earning obtained that is free of exchange. Riba has been described as a loan with the condition that the borrower will return to the lender more than and better than the quantity borrowed. |
|
does that include profit due to compensation for taking on risk, or profit derived from assets increasing in value?
looked at simplistically, banks charge interest for taking a risk on you as an investment and to compensate for lost earnings in an alternate venture. interest could also be considered a "rental fee" for using their money, which they want returned at the end of the loan period. while there is no physical effort it's their money at risk, not yours.
you aren't supposed to accept interest earned on your bank account. but didn't you go to effort in saving and giving your money to the bank in the first place, and in allowing them to use your money to invest. wouldn't the interest you earned be considered reward for risking your money on them (admittedly a smaller reward for a smaller risk)?
continuing the effortless reward line of thought to it's logical conlusion, isn't property value appreciation "reward without effort". does that mean you can't sell your house for any more than what it cost you to buy? would the same apply to jewellery, artwork, or anything else that increases in value over time? how does share-trading and investment banking fit in? what about being a landlord, since the reward for your effort is, strictly speaking, only the property and not income derived from the tenants?
i guess i'm trying to get a sense of how far Al-Riba extends into financial transactions.
_________________
Whomsoever you see in distress, recognize in him a fellow man
Gelfen's special place where nobody talks to him anymore 
[ This Message was edited by: gelfen on 2005-10-14 02:54 ]
[ This Message was edited by: gelfen on 2005-10-16 06:44 ] |
JK
Joined: Feb 24, 2005
Posts: > 500
From: S. Africa - JOZI
PM |
 Why youll make your woman fight??? |
gelfen
Joined: Nov 22, 2003
Posts: > 500
From: Melbourne, Australia
PM |
i believe they chose to. and i think we're still allowing ourselves to get distracted......
|
vanquish
Joined: Mar 20, 2003
Posts: > 500
From: Wor Newcastle Phone: V600i
PM, WWW
|
Quote:
|
On 2005-10-13 23:08:19, PeterKay wrote:
Quote:
|
On 2005-10-13 17:28:51, solidsingh wrote:
so what do muslims say to banks when they open accounts
|
|
This is what i do, at the end of the year for example Ramadhan i contact my bank and tell them to give me the years total of interest in my account and then take that amount and give it to the poor with my zakat (2.5% of my total wealth). In this country its not as easy but Islam helps you in situations like these and my example is one easy way of dealing with the issue.
|
|
i dont believe this.
how did 'allah' know what interest was hundreds of years ago? youre just twisting words.
[addsig] |
JK
Joined: Feb 24, 2005
Posts: > 500
From: S. Africa - JOZI
PM |
Coz He knows everything! |
amnesia
Joined: Jan 15, 2004
Posts: > 500
From: Doha, London, Tokyo, Shanghai
PM, WWW
|
"that jus interest but reworded, if islam rewards your intentions, why the need for an islamic bank? "
As I said, you would only go to another bank if you had no choice. If there is an Islamic Bank then you wouldn't have to worry.
Regarding donations, Muslims give donations every year (or at least they should)
|
PeterKay
Joined: Jul 08, 2003
Posts: > 500
From: The Ummah
PM, WWW
|
Quote:
|
On 2005-10-14 10:33:01, vanquish wrote:
i dont believe this.
how did 'Allah' know what interest was hundreds of years ago? youre just twisting words.
|
|
This just shows how great our creator is. Allahu Akbar, all praise is due to Allah only. Over 1400 years ago he mentions in the Quran regards Interest and today we come to know what interest is. Just shows how the Quran is so unique and amazing, well done Vanquish for pointing this out
Only our Creator Allah knows the future and the past. The Quran mentions what will happen after death and what has happened in the Past from day one.
To him is our Final Return.
|
solidsingh
Joined: Jan 15, 2004
Posts: > 500
From: india
PM |
the gurus were also very powerful, the guru granth sahib supports the big bang theory, how could anyone have known that hundreds of years ago? amazing i think
|
joebmc
Joined: Jan 03, 2003
Posts: > 500
From: Kent
PM |
If Allah knows the future and the past and is creator of all surely when a child is born Allah could make it so that the child follows the Islamic path in life. If he truly is all knowing all powerful surly this task is within his reach?
|
joebmc
Joined: Jan 03, 2003
Posts: > 500
From: Kent
PM |
(Regarding why Sikhs let woman fight)
Quote:
|
On 2005-10-14 09:43:53, gelfen wrote:
i believe they chose to. and i think we're still allowing ourselves to get distracted......
|
|
All right some of the pics and remarks weren’t necessary but this is a forum about all religions (not just about Muslims).
So why did the Sikhs let there woman fight? Do Sikhs regard there woman more equal to men like many do in the western part of the world?
I personal think there’s nothing wrong with woman fighting in wars.
|
trilokeshh
Joined: Oct 04, 2005
Posts: 68
PM |
I am a hindu
This message was posted from a Nokia |
solidsingh
Joined: Jan 15, 2004
Posts: > 500
From: india
PM |
the sikhs did not "let" her fight, she fights on her own accord
|
joebmc
Joined: Jan 03, 2003
Posts: > 500
From: Kent
PM |
So Sikh woman have more of a chose than a Muslim woman, (no offence to Muslims but Muslim woman are classed as lower than men).
Few questions:
Why the turban?
Who is your "god"?
How does the Sikh lifestyle differ from Muslims and Western ways.
(think there's very little info on Sikhs in this thread)
|
solidsingh
Joined: Jan 15, 2004
Posts: > 500
From: india
PM |
The turban represents respectability, and is a sign of nobility. Guru Gobind Singh gave all of his sikhs turbans to recognize the royal status of being Khalsa. A turbaned sikh stands out from the crowd and is easily recognizable. In times of distress there are some who give up their turbans to disappear among the masses and to conform to prevailing social beliefs. However, an enlightened sikh is one who stays true to himself and his Guru and keeps the turban.
Our god is Waheguru
Our life is way different to a muslims, we pray once a day, we read out nitnem every morning, we dont eat meat, no alcohol or smoking. we dont cut our hair either
|
|
|
Posted: 2005-10-14 01:57
