Agema Publications

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Agema Publications

A forum for the disscussion of the Play by Mail games from Agema Publications


3 posters

    Banking

    baggins
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    baggins
    Viscount
    Viscount


    Number of posts : 144
    Age : 49
    Location : london
    Reputation : 6
    Registration date : 2010-09-04
    • Post n°1

    Banking Empty Banking

    Post by baggins Sun Feb 27, 2011 11:54 am

    I want to establish a new bank, but I am in a muslim country, the rules say I must state the percentage of a business invested required as collateral for any loan, anyone have any guidance on what percentage is sensible?
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    the great unwashed
    the great unwashed
    the great unwashed
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    Viscount


    Number of posts : 176
    Age : 64
    Location : bristol (uk)
    Reputation : 5
    Registration date : 2010-08-15
    • Post n°2

    Banking Empty Re: Banking

    Post by the great unwashed Mon Mar 07, 2011 9:46 pm

    Sorry Bagins. I've never dabbled in this area. Your viziers might be able to prvide more insight.
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    tek_604
    tek_604
    tek_604
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    Baron


    Number of posts : 127
    Age : 50
    Location : Bad Gandersheim, Germany
    Reputation : 2
    Registration date : 2008-10-26
    • Post n°3

    Banking Empty Re: Banking

    Post by tek_604 Tue Mar 08, 2011 6:39 am

    Could run into problems regarding interest, which is forbidden under Islamic Law.

    http://en.wikipedia.org/wiki/Islamic_banking
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    • Post n°4

    Banking Empty Re: Banking

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