Dawoodi Bohra Forum

Any fool can criticize, condemn and complain and most fools do. ~ Ben Franklin At last you’re grudgingly allowing that markets are not completely “free”. [/i] The fact that markets are regulated and governments “allow” them to exist is obvious and basic, and it is petty to start at that level of dis...

Several years ago, when we dicussed real life "average" Bohra (hence my screen name)experiences with Qiyam regarding Qadam Bosi, he insisted that it was a spontaneous act of respect. Discussions with you regarding how the US market or economy works is like discussing religion with Qiyam. Y...

Again, I question the relevance of bringing "security of property" and criminal prosecution in our dicussion regarding free markets. To answer your question, in the US if I rob my rich neighbors house, or steal rims of a poor man's car, I will be prosecuted.

What is your point ?

Try to rob a bank or inavde a rich man's house and see what happens to you. Boy, you are vaguely all over the map once again ! Please be specific, which country are you insinuating only prosecutes a robbery in a "rich man's house" and on what basis did you arrive to that conclusion ? Have...

I was pleasantly surpised to see you quote Adam Smith, you misunderstood the context of the statement however, which is part of the quote "so far as it is instituted for the security of property" . As long as you are quoting Adam Smith would you agree that: The natural effort of every indi...

It is an interesting read. However, the question Firas Ahmed poses will not be solved as long as he and the rest believe that “that Islamic Finance industry [has worked hard] to develop interest-free home buying” As I have illustrated previously, Islamic Banking is a sham that exists by reclassifyin...

Why this aversion to profit ? All corporations are not Enron, and a bulk of the business in the US driving the economy are classified as “small business”. Can you please be a little more specific in your response ? Your statements below are very vague and I don’t know what specifically your are refe...

Originally posted by anajmi: You don't need 20,000 dollars to buy a car. I know a lot of dealers that give 0% loan on a car. I know a lot of muslim brothers who bought used cars so that they would not have to pay interest. Originally posted by anajmi: I do have a car loan on which I am paying inter...

Originally posted by anajmi: Average, As the quran says, people who want to justify interest will call fees, rent and even grocery shopping as interest. The quran foresaw the likes of you long time back. Originally posted by anajmi: I do have a car loan on which I am paying interest You are hyperve...

Humane,

Rent and Interest are not the same whatsoever, except in Islamic Banking. You did not respond to my post regarding how Sharia compliant Mortgages work. It is a subterfuge to avoid calling interest, interest.

Originally posted by anajmi: I don't think Pepsi or Kraft uses your money when you buy a pepsi or a kraft product to manufacture pork products. You already got your money's worth, which was not a pork product. You are right, the 50c you paid for Pepsi is specially marked with In Wahabism We Trust ,...

Humane, I’m not a Muslim and I don’t take out an interest bearing loan unless the cash I would have used otherwise is earning a greater return than the interest rate.. Interest bearing loans should not be used to acquire something you could not otherwise afford unless out of necessity. Having said t...

Greed & corruption are human traits and independent of economic systems. Human beings have different talents and capabilities, any attempt to artificially level the playing field is an elitist control mechanism, and goes against the most basic of human freedoms. The market benefits those who cho...

Humsafar, showing that markets are not really free, you will not be convinced. Why? Because for you it is a matter of faith. Your argument would be, but this is how things work. True, but don’t call it “free” market. Faith does not come into play here, those with an open mind can witness the market ...

Tampon,

You are not qualified to dicuss tax laws with me nor Islamic banking. I must ask however, how does mortgage interest defined as rent pass muster ?

To comply with US Banking laws, Sharia compliant mortgage interest is classified as "rent". The buyer picks the house, the bank buys it and places it in a trust, the buyer makes monthly payments, the principal is applied to the balance in the trust and the surplus is classified as "re...

Humsafar, And our experiment with free market has been an important and necessary part of human development, but it will have to inevitably make way for the next stage of moral and social development. Would you agree that this development would tend to move these markets to operate more freely ? I a...

Porus, You did not address a single issue in my previous post. That’s OK let’s move on to Britain. Your recollection of history is flawed. The steel industry in Britain was destroyed by the emergence of Japan after WWII, the National Health Service was broke long before Thatcher took over, and Telec...

The Masses of India NewsWire reports that Arundhati Roy, Porus and Humsafar have bought India with the intention of returning it to the masses. India has now been renamed Utopia. Their nemesis Average Bohra has offered a challenge that this experiment will fail. However, he desperately wants it to ...

Islam has no problems with interest, as you long as you don't call it interest. Just call them "fees" and you will go to heaven.

This topic has been exhausted on this board.

It would be instructive to determine who actually are the stock-holders of the very large global corporations. Like what proportion of the 6 billion people own what proportion of the stock. Those who want to and have the means to own them. Why do you ask? It is not a necessity that one own stock in...

Humsafar, First and foremost, it is imperative that you lose your elitist attitude as you are no better than the rest of us. Nothing in your writing to date is deserving of such condescension on your part. You are expressing and defending your opinions, as ill-informed as they may sometimes be, like...

Humsafar, Citing articles that rely on BBC News, The Washington Post or the Weekly Standard for its analysis hardly qualifies as alternates to CNN or Fox News or a source for intellectual stimulation ! I suggest you expand your reading horizon if you are really looking to go beyond the “regular dogm...

Humsafar, Appreciate the advice but in my book (no pun intended) gullibility involves forming opinions based on any media source, while ignoring fact and reality. I do not wish to debate this "my source is better than your source" spiral which gets us no where. I asked you for specifics.

Brother MF,

Please re-read my post and quote me where I was “casting stones”. You and Brother Anajmi are being overtly defensive here.

Wasalaam

Anajmi,

This was not meant to induce debate , I was under the false assumption that the outrage would be universal.

Based on your response, I was mistaken; you would most likely be one of the ones video taping it.

<p><a href="http://www.kurdishaspect.com/doc042607KA.html">A Kurdish teenager was stoned to death By her family </a></p> This Kurdish girl's crime was to marry a Sunni. The video is very graphic and disturbing, especially watching men using cell phone cameras to tape the event and not a si...

Originally posted by anajmi: Imagine what would happen if we were to send people like you to those muslims who rallied against the danish cartoons. That is shameful and I would not admit it if I were you. You are right though about Feelings are hurt of those who are still weak in their Iman and Mus...