The Islamic dinar....And Real Estate and other...

[unknownuser]

Peace,

This is a hadith based movement called Murabitun, however they have the basics right on an islamic economic system.

Peace

http//www.zpub.com/aaa/dinar.txt

The EFFECT of the Dinar and the Dirham on the Real Estate

Today you want to buy a house and a bank will offer you a
mortgage. This is how the ring distorts the operationthe house

The annual rent of this house is 10% of its value
but,...
the same money is offered by the bank at 5%, which considering
inflation is a bargain!

Why would the bank be so generous, when it could rent the
house and obtain the house plus a higher 10% return?
This is the paradox of the ring.
Out of that 5% interest the bank will make a 100% profit with the
mathematics of the ring.

The borrower thinks that the interest is better than paying the
rent, the bank makes a higher profit out of expanding money
who loses? All the holders of the newly inflated currency by its loss of
value (inflation).