Although the Islamic mode of banking is mandated and adopted by the Islamic Republics of Iran , Pakistan and Sudan, the supply of innovative Shari’a -compliant products has been primarily led by the private sector .In fact , private Islamic banks as a group are becoming some of the largest private -sector financial institutions , with growing networks through branches …
Read More »Yearly Archives: 2009
The Torture Paradigm By Noam Chomsky
Over the past 60 years, victims worldwide have endured the CIA’s “torture paradigm,” developed at a cost that reached $1 billion annually, according to historian Alfred McCoy in his book A Question of Torture. He shows how torture methods the CIA developed from the 1950s surfaced with little change in the infamous photos at Iraq’s Abu Ghraib prison. There is …
Read More »Civilians Pay Price of War from Above By Robert Fisk
“The Independent” — Of course there will be an inquiry. And in the meantime, we shall be told that all the dead Afghan civilians were being used as “human shields” by the Taliban and we shall say that we “deeply regret” innocent lives that were lost. But we shall say that it’s all the fault of the terrorists, not our …
Read More »“Come Over and Help Us” By Noam Chomsky
The inspirational phrase “city on a hill” was coined by John Winthrop in 1630, borrowing from the Gospels, and outlining the glorious future of a new nation “ordained by God.” One year earlier his Massachusetts Bay Colony created its Great Seal. It depicted an Indian with a scroll coming out of his mouth. On that scroll are the words “Come …
Read More »American Amnesia: We Forget Our Atrocities Almost As Soon as We Commit Them By Noam Chomsky
Historical amnesia is a dangerous social phenomenon because it lays the groundwork for crimes that still lie ahead. indignation are understandable. The surprise, less so. For one thing, even without inquiry, it was reasonable to suppose that Guantanamo was a torture chamber. Why else send prisoners where they would be beyond the reach of the law — a place, incidentally, …
Read More »What other Religions say about Riba ?
The universal nature of these principles is immediately apparent even at a cursory glance of Non Muslim literature . Usury was prohibited in both the Old and New Testaments of the Bible , while Shakespeare and many other writers , particularly those writing in the 19th century ,have attacked the barbarity of the practice .Much of the morality championed by …
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