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?
society
understand