Comments on: Islamic Banking in Mauritius http://www.josephyiptong.com/2007/11/22/islamic-banking-in-mauritius/ My existence in the virtual world Wed, 03 Dec 2008 20:21:50 +0000 http://wordpress.org/?v=2.6.2 By: Imraan http://www.josephyiptong.com/2007/11/22/islamic-banking-in-mauritius/#comment-59983 Imraan Sat, 29 Nov 2008 14:26:27 +0000 http://www.josephyiptong.com/2007/11/22/islamic-banking-in-mauritius/#comment-59983 Hi Joseph, Islam is a complete way of life and gives us guidance on all aspects of life - not only the spiritual portion. The chievement of justice is one of the objectives of shariah. Hence Islamic Finance is a just system, because risks are aportioned and both the lender and borrower share in the risk- in the traditional banking we have seen how many people suffer when they take a loan from the bank and through misfortune cannot repay the loan- The bank which uses the shylock principle will never lose - only borrowers are losers- We can see how much profits banks are making when they create money without money.Everybody can benefit from such a system. Imraan Hi Joseph,

Islam is a complete way of life and gives us guidance on all aspects of life - not only the spiritual portion. The chievement of justice is one of the objectives of shariah. Hence Islamic Finance is a just system, because risks are aportioned and both the lender and borrower share in the risk- in the traditional banking we have seen how many people suffer when they take a loan from the bank and through misfortune cannot repay the loan- The bank which uses the shylock principle will never lose - only borrowers are losers- We can see how much profits banks are making when they create money without money.Everybody can benefit from such a system. Imraan

]]> By: HM http://www.josephyiptong.com/2007/11/22/islamic-banking-in-mauritius/#comment-52881 HM Thu, 09 Oct 2008 10:08:34 +0000 http://www.josephyiptong.com/2007/11/22/islamic-banking-in-mauritius/#comment-52881 In my opinion, Islamic banking is a very good system and Mauritius needs to introduce it. Everyone will benefit from a 'pure' economy as it complies with the Shariah. I cant wait for its implementation!!!Insha Allah it will be soon coz i want to find a job in this sector. In my opinion, Islamic banking is a very good system and Mauritius needs to introduce it. Everyone will benefit from a ‘pure’ economy as it complies with the Shariah. I cant wait for its implementation!!!Insha Allah it will be soon coz i want to find a job in this sector.

]]> By: Najaah Juman http://www.josephyiptong.com/2007/11/22/islamic-banking-in-mauritius/#comment-52880 Najaah Juman Thu, 09 Oct 2008 09:31:09 +0000 http://www.josephyiptong.com/2007/11/22/islamic-banking-in-mauritius/#comment-52880 I think its really interesting and will be favorable for Muslims in Mauritius. I think its really interesting and will be favorable for Muslims in Mauritius.

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