Re: Barclays Bank runs to Arabs for money

abelard wrote:
On Fri, 31 Oct 2008 11:45:07 +0000, Maria <oldwoman@xxxxxxxx> wrote:

Ar wrote:
Taking the lead from Gordon Brown, now Barclays Bank has run to the Arab nations begging for money.

http://news.bbc.co.uk/1/hi/business/7701405.stm

"
British bank Barclays has announced a proposal to raise up to £7.3bn to strengthen its balance ***.

The money will be mainly raised from the state investment funds and royal families of Qatar and Abu Dhabi.

Unlike other big UK banks, Barclays did not want to accept cash from the UK government and said the move would keep it "strong and independent". "
I thought Muslims didn't do usury? Surely investing in a businesses that practices usury is as bad as practicing it yourself? Allah?

they do usury but they wrap it up in bull...

Investing in a company is not usury in any form.
Usury involves loans and interest.

--
Dirk

http://www.transcendence.me.uk/ - Transcendence UK
http://www.theconsensus.org/ - A UK political party
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