The Fallacy of the ‘Islamic Bank' | The Institute of Islamic Eschatology: "The so-called “Islamic bank’ is a usurious institution contrary to Islam. The ‘Islamic bank” is an absurd attempt to resolve, as was done in the case of Christianity, the unswerving opposition of Islam to usury for fourteen centuries.
Since its origin, the ‘Islamic bank’ has been patronized and promoted by usurers. Their only intention was to incorporate the thousand million Muslims of the world–who in general would scornfully avoid using any banking or usurious institution–into the international financial and monetary system. The artificial creation by the colonial powers of the so called ‘Islamic states’, itself a contradiction in terms, whose character is markedly anti-lslamic, was the historical result of the end of territorial colonization and the beginning of the financial neo-colonialism."
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Since its origin, the ‘Islamic bank’ has been patronized and promoted by usurers. Their only intention was to incorporate the thousand million Muslims of the world–who in general would scornfully avoid using any banking or usurious institution–into the international financial and monetary system. The artificial creation by the colonial powers of the so called ‘Islamic states’, itself a contradiction in terms, whose character is markedly anti-lslamic, was the historical result of the end of territorial colonization and the beginning of the financial neo-colonialism."
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