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Re: American Monetary Act
- To: PEN-L@xxxxxxxxxxxxxxxx
- Subject: Re: American Monetary Act
- From: Leigh Meyers <the.buffalo.in.the.midst@xxxxxxxxx>
- Date: Tue, 10 Apr 2007 09:10:03 -0700
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On 4/10/07, Jim Devine <jdevine03@xxxxxxxxx> wrote:
Instead of making loans, I am told, Islamic banks take over part of
the equity of the "borrowers."
...or, in the home ownership realm, the interest is built into the the
cost of the house.
Muslim fundamentalists have problems with this, and many other
workarounds necessary to interface their culture and their Koran with
"modern" society.
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