flashing ticker
To interact with this page you must login.      Signup

Is Islamic finance/banking in accordance to Shariah law or just a cover for conventional banking?

I want to know what everyone thinks about Islamic banking? I've got a mortgage through an Islamic Bank and I am annoyed that my payments are increasing every so often. It should be Fixed payments over fixed period in accordance to Shariah Law. It seems to me it is adjusted with the nations LIBOR rate therefore going against its fundamental principal of mitigating any future uncertainty. What are your thoughts?
spacer
categorysociety
typeunderstand
What's an assertion, and what should I type in?

Compesh is a question and answer (and debate) website, so before you make a debate, you better learn what an assertion is. I suppose you already know what a question is, and that you've typed it in the box. ;)

An assertion, is basically a statement you can make, that is either true or false.

Richer people have better health.

The question for that would be, Do richer people have better health?

And don't forget to make your assertion, match your question.

Compesh logo