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It is dangerous

Reader comment on item: Islamic Economics: What Does It Mean?
in response to reader comment: I agree it is genuinely dangerous even if vacuous

Submitted by Vijay (United Kingdom), Sep 27, 2007 at 04:42

It is genuinely dangerous because you are mixing bad money with good money. The western banks which do 'Islamic finance' will pass on the ineffciencies of Islamic finance on other depositors and shareholders. As usual, anything Islamic can only survive as a parasite if mixed up with good financial practices whose source is outside Islam.

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Note: Opinions expressed in comments are those of the authors alone and not necessarily those of Daniel Pipes. Original writing only, please. Comments are screened and in some cases edited before posting. Reasoned disagreement is welcome but not comments that are scurrilous, off-topic, commercial, disparaging religions, or otherwise inappropriate. For complete regulations, see the "Guidelines for Reader Comments".

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