Did you know that islamic banks don't charge interest on loans? how do they make any money?

That is a lie, usury is an immoral way to take advantage of someone and interest compounds.

You can end up paying $1M over 30 years on a 400k house because of usury, and Jews do not pay usury to each other through Heter Iska.

You are always better off not paying interest. The entire Western financial system is built to favor Jews over non-Jews while Islamic banking requires fair treatment to everyone.

This idea that it is "normal" to sell yourselves into a life debt to zionist bankers is entirely a product of financial marketing campaigns following WWII.

You don't need to be a Muslim to get a zero interest loan from an Islamic bank. They mostly serve Christians in the Christian West. Now you do not have to subject yourself to credit scores and interest rates, something that Jews don't even have to worry about because of Heter Iska. Now you can afford a home, a car, a business without becoming a debt slave to zionist Jews.

They invest in stuff like businesses or real estate and you get a share of the profits.
If they fuck up in their investments, you lose all the money.
You have to sign that you consent to that

You say this, because you've never saved in an islamic bank, and then be told months later "oopsie daisies, we invested your money into a retards business that didn't pan out, all your life savings are gone".
Now, I'm in favor of islamic banking because they also are flexible letting you choose in how proactive your role can be in choosing where to invest, and I think such schemes is a ripe breeding ground for proper nationalists genuinely invested into his community.
But I just don't want you to have a rose tinted view, that's all.
Know both pros and cons

how do you compensate for inflation without interest? 400k after 30 years of normal inflation is nearly 1M

Yeah

They don't charge interest
Instead they charge "fees"
Our credit union started offering them, I did the math and it's costs more than a normal loan

But it allows retarded followers of the desert religions to believe they are obeying gods laws by playing semantics

Because apparently God is very stupid and you can truck him with some fine print

Lol

all major religions ban the "gaining without working"
not sure when christianity stopped enforcing it.

This isn't true.
The sheer difference in how much the bank earns in profit from fees vs interest is extremely big, like by entire factors of 4 or 5 times.
Most islamic banks, are owned by normal (usurious) banks, often even big western ones, and they register their Islamic banking branch as "social service" and they get hefty tax benefits from both their host country and country of origin for it

Well, islamic banking works as an investment broker.
They help you invest in real estate or businesses that are meant to be successful, so that the stocks you hold in those business or land increases in value

See

to the end customer it makes no fucking difference. you still pay a similar amount for the service.

It's the exact same as a loan with interest. They just call it different shit to fool god.

you're not coping well. Normal interest is actually cheaper you brown shitskin

Revenue sharing, lease options, predetermined markups, they can be on deflation if feeling adventurous, there's lots of ways

Yes goy charing an agreed upon fee is exactly the same as interest compounding into infinity

You're wrong and your brown I'm not reading any posts from a fucking brown Muslim, go back your goat rapingamd bomb building forums

Yes goy charing an agreed upon fee is exactly the same as interest compounding into infinity

but you work this shit out before you take the loan. you think the brothers wont start charging you extra is you miss payments etc? go look into it all, you'll see. makes no difference.

Interest is an "agreed upon fee" retard.

they do charge interest but they use some kind of retarded loopholes

you miss payments

That's not possible. You agree to pay them, say, 20% of your yearly revenue until you reach the principal plus a markup or the principal indexed to inflation. If you default, the bank takes the asset you didn't finish paying for. There are even bonds that are structured to be compliant with this

Yes goy a fixed, predetermined fee is exactly the same as interest compounding into infinity

I think the real question is why they are allowed to do it when it got Caesar and Gaddafi killed

typical cope about "they just use loopholes"

Even if that were true the usury ban still precludes having an entire speculative sector of the economy with endless Jewish novelties like swaps and futures and margin and forex etc. Ffs you've reached actual "hawk tuah memecoins"

Uggh its almost like jizya is just usury except you pay upfront to watch your country be invaded by discount kikes. Even christians didn't force you to be openly a traitor like this

That's not possible.

it is possible. just depends on the terms of the loan. ive read through several muzz banks, priced things up. makes no difference.

Yes goy a fixed, predetermined fee is exactly the same as interest compounding into infinity

method is different but the amount is general very similar. you're going on as if you can't know what your full term cost will be for a loan when thats exactly what you can know if you just work it out before you agree to the loan in the first place. you're just lying if you think islamic banks are all nice and kind and work fuck you up if you start missing payments for ages. they will.

Wat? Explain.

I did the math and it's costs more than a normal loan

is that assuming the massive rise in housing prices continuing?
Would the profit you share with the bank be the value of the home going up while you still hold the loan?
Would one of those loans work out better if housing wasn't massively escalating in price?
If there is a housing crash and your home loses value, what happens then?

Lmfao what jizya is is a standard CONSCRIPTION tax, kafirs don't even serve in the defense forces

Nooo stop charging me to protect all my property

Kvetching jew detected

Its more like you live in a Muslim country as a Christian and pay to not have to be around lgbts and drunk people

>Nooo stop charging me to protect all my property

from violent muslims

lol

Yes goy charing an agreed upon fee is exactly the same as interest compounding into infinity

What is you ran a present value calculation on an interest bearing loan versus a high fee-based loan? Curious to see the difference, if any.
I thought you muzzies invented math after all.

Revenue sharing

So instead of paying of a jew loan and being free from them at completion, muzzie banks essentially take a piece of equity in my venture and I never get their hooks out of me?

I looked into it more and Heter Iska (Jew loans) and Halal loans are not the same as interest. How these two do it is how the Templars use to do banking too since usury was banned.

There’s never a situation in Heter Iska or halal loans where you pay, say, 15 years of payments on a mortgage and then get foreclosed on and have absolutely nothing. In these arrangements, the equity you paid in gets essentially “bought out”. Meaning you’re not homeless in a month if you lose your job and get foreclosed on. You’ll have a nice chunk of cash you paid in paid back out to you.

So now the question is: do we start enforcing anti-usury laws in Christian countries? If not - which one does /pol: convert to Islam or Judaism?

it sounds like they only have their hooks into you until you pay off the loan

Someone did a calculation on some chart I found. If you were to do a full-cost analysis average equivalent interest in Heter Iska and Halal loans would be 0.4% non-compounded. It’s not even in the same universe.

no hate to muslims, but this islamic banking stuff is not for everyone. its cheaper for me to pay interest then give a significant share of your company to a bank. intertest will STOP once the tenure is over, but theyll get profited for years and years, if i give them my equity.

this is just one aspect, now think how would the bank finance consumerism and home loans without interest.

I need 15k for a business

"Sure, lets see if your business is worth investing in"

*Checks business out*

"Ok Mr. Sneed, we will give you the 15k, and set you up to pay the loan back over the next 5 years, then over the following additional 5 years, you will give us .5% of your profit that you make every month"

Ok bank that sounds fine.

Never understood this mentality. If you think of a way get around "the rules" you don't think god would see around it too? He's watching your stupid ass if he does exist so what kind of mental gymnastics do you have to do to yourself to think you somehow aren't doing the thing you "aren't supposed" to be doing or somehow pulling a fast one on the big guy?

If your home is foreclosed and sold to pay your loan and you have equity, that is returned to you. They are the same.

they use the same percentages are the general market uses.

foreclosures

they are quite happy to auction your house off to get what you owe them. this happens with normal mortgages too under Power of Sale.

Ooookay... kinda sounds like usury to me, just except you paying interest, you pay a certain percentage back... it's interest, they just don't call it that, clearly..

It's just marketing, anon. A couple of big outfits here introduced Islamic banking in majority Muslim regions and in the end customers simply pay slightly more for the privilege of having their fees structured and called differently. I don't think it's particularly popular even among its target audience, at least not outside grug-tier Caucasus muzzies.

Newsflash: the kike religion and the sandnigger religion is literally almost the exaxt same. The differences are extremely small. I suppose this is just what naturally happens when you have two people in the same place living the exact same lives. What's the difference between a kike and a sandnigg? None. They're both desert-dwellers and brown. Even their languages are mostly the same.

how do they make any money?

renting goats by the hour

Reply to the wrong post anon? My post had nothing to do with the difference between Islam and Judaism. Though they are both fake and gay.

They "rent" their ownership share to you, which decreases over time as you pay down the balance. I prefer it to conventional interest, but as always, the devil is in the details.

Islam is sandnigger hipocrisy.
No problem with speculation in the baazar.

Lots of problems with interest in the bank.

interest is not bad by the way. what’s bad is perpetual debt. there should be mandatory and routine debt jubilee to ensure every so often people have a new shot at making it but at the same time you still reward enterprise

No problems with market speculation in Dubai. Selling fake shit for millions just to rub their sandnigger heads on their camel carpets.

No problem scamming at any opportunity in the baazars. As soon as you speak English in a muslim market you start paying 10 times the local price.

No problem living on welfare and earning your keep being a parasite.

But Allah be damned if you a bank wants a return for lending a retard money after 20 years of putting up with his shit.

Allah be damned.

Sandniggers are just discount fucking Jews.

Hail Hail, the Gang's all here for the Alabama Jubilee

They do charge interest

No they don't. They buy the car and sell it for you piece by piece and these pieces makes way more than what they bought. Just like their cousin jews, they try to fool God every day.

Kikes and Muslims both do it and I get the pilpul around fixed fees vs interest but what I want to know is what happens if you default on it? Are the terms of the loans different from a regular mortgage?

they make plenty of return because they will generally use standard market lending rates and just call it a fee.

yes. it is semitic religion after all.

from what i can see they tend to be a little more lenient with borrowers in terms of how long it takes before they start trying to repossess your stuff. But they will eventually auction your car or house off to get the ret of what you owe them. they will credit you the rest...and so will regular non islamic landers.

islamic bank info
myuif.com/faqs/
islamicfinancesg.com/docs/commercial-matters-in-islam/faq87/

non-islamic foreclosure info
rocketmortgage.ca/learning-centre/mortgage-basics/what-is-foreclosure/

I hate Semites.
And I hate their fucking hipocrisy.

Anyone who has ever dealt with Turks, Arabs or Farsis knows that their prime mover is greed.
Greed, greed and more greed.

Here's a pretty big difference in the interest free loans I found. Are kikes and muslims loans better off?

And lot of islamic banks are own by literal kike lol
Just like halal food.

the bank gets any gains on your house if you seel it

where is that coming from? if you're in negative equity then sure, they get the sale price and you'll still owe them but i dont see anything about them taking it all if you sell above what you owe.

Isn't it that they charge a fee that comes out to the same as if they charged however much interest? So it can be called "interest free loan" but still be a reasonable business decision
Which is objectively worse for the customer, it is basically a normal loan with prepayment penalties. With interest if you're making more than minimum payments (which you should be) you can at least pay it off early and therefore pay less interest.

you can still get fees for over paying because they dont want to give a certain deal over a set period and then have you nope out with a surprise pay off many years early. It differs between lenders, islamic and non-islamic, on how much or if at all this costs.

Look how hard this fag is raging to defend interest LMAO imagine talking about greed while saying "but why CAN'T I make money while I sleep?"

Mohammed PBUH the caravan robber is about to give us a lesson on how to acquire our sustenance morally.

Get ready for a good sales pitch.

He "robbed" caravans of the ruling tribe of Mecca which had expelled the Muslims and taken their property. Fair is fair. Highway robbery is automatic death penalty in Islam like piracy was for Europeans.

how do islamic loans and mortgages not making money for them in that way? they dont do anything other than lend you the money.

you should hear about how he set a fire on a guys chest to get him to reveal where his gold and stuff was hidden.

so did he only take what they took from him (any killings involved) or did he charge a fee on top? how was the rate calculated?

You fucking bitches and your donkey prophet.

You ran from the Banu Quraysh. Ran like the cockroaches you are.

But the Qarmatians payed you in kind.
Your holy rock smashed and turned to a toilet.
Muslimin blood in the Zamzam.

Pair of tarded esl jeets

not a jeet and im sorry you cant read english. im sure your reply would have been very interesting.