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What's wrong with this...new Muslim Master Card's compass points toward Mecca and NO interest charges? - RLP - 11-27-2012 06:51 AM
Muslim MasterCard: Compass pointing to Mecca embedded in new bank card
Read more: http://www.dailymail.co.uk/news/article-2217105/Muslim-MasterCard-Compass-pointing-Mecca-embedded-new-bank-card.html#ixzz29Dd9P6lT
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A compass pointing the way to Mecca is embedded in a new MasterCard aimed at Muslims.
Gulf state-owned bank Al Hillal in the United Arab Emirates has rolled out the new bank card which complies with Islamic laws banning charging interest on loans in a bid to appeal to the world’s 1.6 billion Muslims.
Islamic law or Shariah forbids ‘riba’, the charging of interest on loans, because it enables the rich to exploit the poor, creates social and economic tension and encourages risk, according to scholars.
- The Virginian - 11-27-2012 06:59 AM
That is how you control corporations. Where can I get one?
Edit @ Insanity: Money is made because merchants pay for the transactions. All credit card transactions have merchant fees. The one that have cash rewards charge more from the merchants. That is a price of accepting charge card as a method of payment.
- BASH - 11-27-2012 06:59 AM
It's called capitalism. Generally speaking, most of these cards are prepaid, so that the user doesn't incur charges. There are many other prepaid credit cards that also don't charge fees.
- calmpopcorn362 - 11-27-2012 06:59 AM
How's the stupid thing going to make money then?
- America - 11-27-2012 06:59 AM
I couldn't care less. Let them have a credit card pointing to Mecca. Maybe they will follow it.
- Jasmin finnigan - 11-27-2012 06:59 AM
It's not a part of western culture therefore it makes you feel uncomfortable?
- Paladin - 11-27-2012 06:59 AM
there is something wrong with the Physics of that claim; whether or not it pointed to Mecca would depend where on the planet you were
- Hello - 11-27-2012 06:59 AM
Sure! But can they get citizenship and live in Mecca?
- Jesus loves us - 11-27-2012 06:59 AM
Islam is under the ways of the Devil.