Islamic lenders may add about 230 branches in 2009, driven by the world’s second-biggest Muslim population, Pervez Said, director of Islamic banking at the State Bank of Pakistan, the central bank, said in a telephone interview today. **These banks have 500 branches, after adding 210 outlets last year. **
Do you know what is the difference between Branches & Banks?
Now i know ..where you get your facts & figures :k:
Re: Having a credit card
^^ When somebody gives you online data and sources , you ask silly questions. Go on with your sinking system !
what is the source of funding for the islamic banks, what do they invest in etc?
^ no one knows? :)
^^ When somebody gives you online data and sources , you ask silly questions. Go on with your sinking system !
Look Desert Bird, no one consider youtube video a proper reference same goes for wikipedia. I can make youtube video today with saying Pakistan is not Islamic republic and you are going to believe me ?
Sir, economics is not my field so dont know much about it .Here is few links which give detail of this system
What they have to do with Business, please enlighten me or i will move them to review forum !
Re: Having a credit card
have you read them ?
have you read them ?
yeh couldn't find any thing else two words Jews funded economy and Musharraf u turn... again what they have to do with the thread ?
finance was enough of your field that you had something to say until I asked that question.
u found the links, go through them and give an answer to my question. 
Re: Having a credit card
I happen to have worked closely with the financial system - and have prepared feasibility studies for two 'Islamic Banks'. Islamic banking is just another fancy name for conventional banking. Renaming 'interest' to 'profit' and using fancy arabic terms like modaraba, musharika, ijarah doesnt turn haram into halal - if thats the debate.
Thread opener should get a credit card if (s)he can manage to make prompt payments and not let them charge any interest on the outstanding balance. These buggers multiply and before you know it, they own your butt. Do take a credit card, make small and beautiful transactions and pay timely, you will make a good credit rating and in future you will be able to negotiate with the bank. It really pays off.
Re: Having a credit card
This is an infinite circle in the US. To start with, you can go for a secured credit card from bank of america.... and then fter 6-8 months you will have enuf credit history to have an unsecured for urself...
Re: Having a credit card
in US there is no better way to make a good credit history.... everythg... from rent to interest rates.... post paid phone to car loan.. everythg needs a good credit history else u end up paying more...