Re: Heroes of Bangladesh ( Must read )
i agree mostar ^^.. although from my small understanding of islamic banking, its not a bad idea to make it for the poor ppl who just give back a fixed higher price for the original loan, and not a time-based interest.. but then again.. how do you incorporate factors like inflation into the equation.. blah... i'll leave this discussion to the finance MBAs lol
dawa_i_dil i suggest you stick to your previous post and leave the discussion alone... theres no need of your biased anti-semitic comments.. don't hate brother.. there r good jews and bad jews.. good muslims and bad muslims.. don't stereotype ! you stereotyping them is the same sin as people stereotyping you as a terrorist only bcoz your muslim..
Back to the original topic of this thread, one things for sure that these students need to get a fkin reality-check and realize what they're doing is damaging to their own country..
Well, i have issues with that but the matter of fact is that the humans created the inflation part of it. Just assume there was no inflation, how would things be then, well they would be other ways of calculating inflaton. Though my concept is dumb but still from my perpective just remove the word inflation and how would things in the world would be.
I read an article, that universities in the west wanna incorporate Islamic banking as a course. As far as i know islamic banking deals with 100% reserve as opposed to conventional banking is which is happy with 0%. Well thats the right way or wrong, is again left to some financial nerds to answer and the amount of risk involved.