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Old Dec 12th, 2008, 11:10 PM   #43 (permalink)  
EcoShan
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Join Date: Sep 25, 2008 - 10:30 pm
Location: Hamilton, Canada
Posts: 1,964

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Ya mirchi bhaiyun azizun

the thing is u r not paying any interest, and did u see the video where the chairman of Lariba explains its relationship to fennie freddie ???

neither u r paying Riba, nor Lariba is paying riba, fennie freddie has a riba business but in this case they are getting rent on the house which is decreasing every month.

U are neither giving interest nor taking interest, and same goes for Lariba. either u can chose to see the glass half full or half empty, full glass shows that u r promoting interest less mortgage and economy in a non muslim state and i salute the chairman of lariba to introduce this islamic system to freddie and fennie and it actually made sense to em that money can be made without taking interest.

i would repeat the samething again, ur retirement fund and unemployment insurance also is based on interest, ur car insurance is also based on interest, the benefits u get and ur kids get from government also come from interest money, but u r neither giving interest nor taking it, third party is doing everything and u have no control on it, ur transaction is totally halal without any interest







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