Qatar dumping all islamic assets

[snowglobe4]

http://www.btflive.net/news/index.php?news=71039

Hummmmmm why?

[diligent1]

wow !.... Now that is a statement that indeed begs the question

[pt49]

wow !.... Now that is a statement that indeed begs the question

The families controlling the worlds central banks don't want competition.

[deepseadinar]

MAYBE LIKE SAUDI -THEY CAN CONTROL THE VALUE OF THEIR CURRENCY AND NO ARGUEMENTS OR COMPETITION. MAYBE ALL THOSE ISLAMICS WILL MOVE THEIR MONEY TO CBI!

[Heavyduty053]

http://www.btflive.n....php?news=71039

Hummmmmm why?

Very, very interesting and the timing of this, wonder what up and who's behind it?

[imgesing]

WOW could they be getting ready to shut down? Or could it be they are protecting just ARAB people from something we dont want to see?

I would hate to be the pessimist in this but I am not thrilled with it! I hope this is good news and not bad. I will be looking intently to others take on this one.

Thanks and PRAYING FOR AN RV.

(((the most interesing man in the world))) lol

[snowglobe4]

it did not make me happy either...was hoping someone would have a reasonable explaination

[Doctor Smith]

This is more than likely a good thing for our situation. The established banking system came up with the New Dinar.

[cw2]

Does this go along with the topic Iraq bank urged to Merge posted by hammy?

http://www.iraq-busi...urged-to-merge/

Posted on 08 February 2011. Tags: banking

Abdul Hussein Al-Anbuge, an Iraqi government economic adviser, has urged the country’s private lenders to merge in order to strengthen their capital and provide stronger support to the banking sector, AK News has reported.

The total capital of Iraqi private banks rose from $30m in 2004 to $1.6bn now, not including what is owned by branches of foreign banks operating in the country.

I can't find post in Aknews yet but looking. Not sure what this means until I find original post.

Read more: http://dinarvets.com/forums/index.php?/topic/53824-iraq-bank-urged-to-merge/#ixzz1DPx7AV9b

[bagdaddy]

http://www.btflive.net/news/index.php?news=71039

Hummmmmm why?

Islamic Banking does't work.

http://www.islamicity.com/finance/IslamicBanking_Practice.htm

The two main problems with Islamic banking is the absence of profitable NON-INTREST financial instruments (an oxymoron) and the high rate of default and delinquency.

In certain instances charging interest is forbidden by the Koran. Islamic banks have to find other means of turning a profit other than charging interest. Most have turned to real estate which, when all you have is sand and salt water isn't too attractive of an investment right now. Anybody visit the Tiger Woods golf course, or the new Disney theme park-Dubai recently? They got a dirt road out there.

[quadraph0nic]

maybe some info here..

http://www.qcb.gov.qa/english/legislation/instructions/pages/instructions.aspx