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The first thing that must be understood is that in Islam their is no such thing as a bank. Hence Islamic banking is no more legitimate than Islamic whiskey or Islamic pork. The Dinar and Dirham are the true currency of the Muslim Ummah and it was not until the last Khalif was deposed in Istanbul and paper money was introduced as a medium of exchange did these ideas of Islamic Banking and Islamic currency trading and stock market speculation began to take shape. This has been the downfall for Islam and it was infact backed and suported by the Wahhabist of Saudi Arabia. Their support for usurious finance and their turning their back on the true deen has lead to their deviation and that of proper understanding of Islamic financial matters. The Dinar is being pushed by a thinker by the name of Umar Vadillo, he has written the book "Return of the Gold Dinar" and the "End of Economics" in these books he points out the theft of modern capitalsim and why Islam must come to rescure the people from debt enslavement. Also they have a website that will allow you to purhase Dinars at www.e-dinar.com
Najib Abdulhaqq |
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01.09.06 - 4:49 am | #
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Hi
Sort of stumbled upon ur blog when I was searching for articles on Islamic Banking. I am a freelance writer based in Msia and had been asked to do a piece on Islamic banking, am just wondering if u could point me to the right direction? Thanks.
mystic |
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06.26.05 - 5:47 am | #
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