SHARIA FINANCE CONSIDERED BY GOVERNMENT OF UK

-British govt mulls issuing Islamic bonds

Mon Apr 23, 2007 2:14 PM BST139

LONDON, April 23 (Reuters) - The British government is looking into issuing its first shariah-compliant bond in a bid to boost London's position as a centre for Islamic finance, Treasury minister Ed Balls said on Monday.

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Islamization continues, our education, culture and values have all been attacked by Islam, these attacks have been given the go ahead by Central and local Government.

The Banks have already started Sharia compliant accounts and mortgages, now we have the Government and the Bank of England going down the Sharia route, if this continues then you will not be able to get a loan or have a bank account unless you are Muslim, if you think that statement is extreme  well think about it for a while.

Premium bonds fall into the category that Ed Balls is talking about, premium bonds are basically gambling, gambling is forbidden in Islam, does this mean that "Ernie" the computer that picks winning Premium Bonds will be retired because Muslims do not agree with the concept.

That folks, would not surprise me in the slightest.

Gandalf

 

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