Re: Question regarding Mortgage???????
Semi, you have no idea what it is we are talking about. Its not solely about exploitive but there are a lot more factors than just exploitation. There are different rules in Islam for profit and loss sharing in trade and sales.
I was specifically addressing the post that said "Lending money in Islam is supposed to be a charitble activity not an exploitative exercise". That is from what I understand is taught in the Quran. Immoral and exploitive lending practices are forbiden. Please convince anyone that buying a house with a 25 year mortgage is immoral or exploitive. To me renting your home for 25 years without antying to show for is exlpoitive and immoral.
But it seems you think losing $1 is immoral and exploitive. You have a different interpretation. I wouldn't too cocky when saying who "has no idea of whatit is we are talking about".