Gulf syndicated loan market severely disrupted: Bankers Reuters – 02 October, 2008www.arabianbusiness.com Syndicated lending to the Gulf is now severely disrupted and several large loans have been postponed, reworked, repaid or drawn down to cope with extraordinary market conditions, senior banking sources said. Gulf-based banks have battled increased funding costs for most of the […]
The Failure of Banks is leading people to believe that Shariah Banking is the key to financial success, but it is just the same ole, same ole, restructured, to look “interest free” but fees built into the sale. This is Propaganda and Taqiyya-Buyer Beware
Islamic finance and banking will win Written by Paul Williams Friday, 26 September 2008 BDO Stoy Hayward says financial turmoil puts Islamic products in strong position.With the financial markets in the most volatile state since the 1930s, and the London Stock Exchange experiencing more highs and lows than a rollercoaster ride, […]
So-called Sharia Mortgages are a Deception http://www.freedigitalphotos.net/image/s_monopoly-house.jpg In a letter to Karen Kinsley, Chief Executive Officer of the Canada Mortgage and Housing Corporation, the president of the Muslim Canadian Congress Farzana Hassan said, “Islamic Banking is nothing more than an attempt by Islamists, with backing from Middle Eastern Financial Institutions and their Western partners, […]
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