Re: Watch Peace Tv
by Jayaraman VenkatRaman on Sep 01, 2009 02:14 PM
We have watched what you all did to India and our cultures over centuries and in other countries[read Persia]. No need to watch Peace TV. I would rather watch rakhi sawant's swayamvar. Atleast I can laugh innocuously.
Re: Re: what is the Aim ???
by obama on Sep 01, 2009 02:12 PM
they will soon bite their bullets. mullas have kidney in their brain that drains very fast. wait and watch.
Re: what is the Aim ???
by erwerwer on Sep 01, 2009 02:32 PM
By Peer Mohammed Islamic banking system operates on a profit/loss basis and not merely on interest. Those who want to know about his can make their understanding corrected by reading articles from internet. Global banking behemoths like HSBC,Standard Chartered and CITI bank have already started islamic banking windows and other international banks are following them.
We have to understand that american banks collapsed early this year as they were operating purely on interests and they were bitten by the subprime bug.Now, the world realizes the importance of islamic banking as NONE of the islamic banks reported sub prime crisis or credit crunch.
Lets not point fingers each other on religion and look at this as a healthy banking trend in the offing. If it is a bad concept and used for funding terrorists, why then CITIBANK, the biggest american bank implements islamic banking?. Please give a liberal thought and dont paint it with religious colors.
Re: Re: Re: Sharia banking
by Shihab dheen on Sep 01, 2009 02:23 PM
People here have miss concept about Islamic banking, dont go by name, anybody can bank with Islamic bank. The concept of interest free banking is put forward by Islam and that is how it got this name.
Islamic banking system operates on a profit/loss basis and not merely on interest. Those who want to know about his can make their understanding corrected by reading articles from internet. Global banking behemoths like HSBC,Standard Chartered and CITI bank have already started islamic banking windows and other international banks are following them.
We have to understand that american banks collapsed early this year as they were operating purely on interests and they were bitten by the subprime bug.Now, the world realizes the importance of islamic banking as NONE of the islamic banks reported sub prime crisis or credit crunch.
Lets not point fingers each other on religion and look at this as a healthy banking trend in the offing. If it is a bad concept and used for funding terrorists, why then CITIBANK, the biggest american bank implements islamic banking?. Please give a liberal thought and dont paint it with religious colors.
Re: Here we come at last
by kadaveru on Sep 01, 2009 02:23 PM
For your info the laregestindividual stake holder in city bank is the ruler of Saudi and they are also one of the reason for subprime crisis pumped money and withdraw when the oil prices went up and the dollar rate started decreasing.
Re: Here we come at last
by obama on Sep 01, 2009 02:09 PM
Propet mohammad - Liberal thought for what? For killing indians? For wire-funding indian money to your men across borders? Islamic banking system thrive on others blood. Its shame to hear about the existence of this kind of bank itself. I know majority of mullahs who runs share business around me. Dont fool us.....
Re: Here we come at last
by JGN on Sep 01, 2009 02:10 PM
Then you have not heard of Banking of Credit and Commerce International disappearing without any trace.
Re: Re: Here we come at last
by Jai Babu on Sep 01, 2009 02:17 PM
@JGN-Your point about the BCCI Bank is well taken. But Islamic banking arms of global giants like Citibank, HSBC, Stanchart, etc have been operating for many years in the Gulf and other muslim majority countries. What is the harm?? Moreover u must know that people like Muhammad Ali of Glfar and Yusuf Ali of Lulu employ over 55,000 Indians of all religions in their companies. With such people on the Board and the stake of the KIDC, the system has checks & balances. If not there are other banks for people to turn to.
Re: Here we come at last
by ankit Kumar on Sep 01, 2009 02:08 PM
however you forget to mention that INDIAN banking system was not affected with the crisis and it DOES NOT follow any 1slam1c system
Re: Re: Here we come at last
by Peer Mohamed on Sep 01, 2009 02:15 PM
Ankit, Thanks for the mention. Good point. Its not that we are not affected. We do. Remember the news about collapse of ICICI because lehman bonds.
Indian system got escaped with minor injuries because we have a tight regulatory body and even these newly opened islamic banks will come under their surveillance. RBI rules are very stringent and no bank will be allowed to operate just like that. Thats why CITIBANK india reported profits where they report loss in US. But islamic banking system is well beyond this level of insulation also from collapsing. We can see evidently from the middle east market during the crisis. I hope you got me.
Re: Re: Here we come at last
by Peer Mohamed on Sep 01, 2009 02:29 PM
Dear agni, Lending money to non deserving people alone was not the problem. Those sub-prime customers interest rates were much higher than the normal credit worthy prime customers. Due to this they were unable to pay and the whole sub-prime crisis started with this.
expose on the Bank of Credit and Commerce International which used its money to fund terr0r acts and the Pakistani Nuke Program, how can the Kangress even think of allowing such an institution to open shop in India.
Re: After the....
by Santhosh Paul on Sep 01, 2009 02:06 PM
Just to remind you. It is CPM's Achu mama who is in power in Kerala and not Kangress. Sorry Congress...
Re: Re: After the....
by ankit Kumar on Sep 01, 2009 02:11 PM
but its a responsibility for the center to save the country from such stupid things ,, idiot
Re: After the....
by ankit Kumar on Sep 01, 2009 02:05 PM
by allowing this, cangress has reached to the level of stupidity... and it also proves that they only want to see increasing their vote bank and nothing else.
Re: Re: India's first Islamic bank to start in Kerala by 2010
by Pappu Nuni on Sep 01, 2009 02:08 PM
1st Congress have divide north india, now congress ki nazar South india per hai.
I DID NOT HAVE ANY OTHER INTENTION.
I AM AN INDIA AND I LOVE MY COUNTERY FROM J&k TO KANYAKUMARI
Re: India's first Islamic bank to start in Kerala by 2010
by obama on Sep 01, 2009 02:05 PM
whatsup pappu? South INDIA always fouls around something all the time. This time its kerala stinking.
