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Interest free mueslim loans

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danja

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it does say anyone can get the loan, but the question is how?
surely 'everyone' cannot get an interest free loan such as this, even with the profit built in, imagine the money lost over a 30 year house loan - money the bank wouldnt get.

I would imagine the calculation goes something like: Cost of buying the house + forecast interest on an equivalent loan + fudge factor amount for rate changes = total amount paid.

If you think the banks would EVER offer a fighter product that lost them money , you're kidding yourself.
 

pow3rslave

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nah i still blame the muslims, y should they get special treatment because of their religion?

so can i walk into a bank and say ive just turned muslim and im in the process of growing sh1t beard, can i have a interest free loan?

it's available to non muslims as well, so it's not special treatment.
also it's not interest free, it's more of a fixed rate.
 

Garth

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i stronlgy sugest everyone re-reads that artical, it's for non muslim people also.

this will turn to **** this thread, because people are unable to hold conversations about this topic. closed for that reason, and that reason alone
 
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