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Egypt: Salafi Nour Party Says IMF Loans Are Un-Islamic, Wants Government To Borrow Money From European Banks Because They “Lend In Accordance With Sharia”…

Finally, Europe’s dhimmitude is paying off!

(Egypt Independent) — The Salafi Nour Party has criticized the government for plans to borrow from international financial institutions rather than implementing an austerity plan.

“We are against usurious deals,” said party spokesperson Mohamed Nour. “Before borrowing, we should know where we stand financially,” he added, pointing out that there are some LE1 trillion in the private funds of government institutions, in addition to the money that was siphoned abroad by the former regime.

Nour also said that if Egypt borrows the US$3.2 billion loan that it is negotiating with the International Monetary Fund (IMF), the interim government of Prime Minister Kamal al-Ganzouri will have to stay on until the budget deficit recovers, which means it would burden the next government with the interest of the loan.

“Why borrow if we have money?” Nour wondered. “And if we don’t have it, where did it go?”

“European banks lend in accordance with the Islamic Sharia,” Nour claimed. “Why don’t we borrow from them?”

Posted by ZIP on Thursday, January 19, 2012, at 8:03 pm | Like Tweet

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20 comments
  1. gastorgrab says:
    January 19, 2012 at 8:12 pm

    How bout you go somewhere else for the money?

  2. Gork says:
    January 19, 2012 at 8:17 pm

    It will be interesting to see what the European banks charge. It’s not as if they’re swimming in money either.

  3. Little Miss Rainbow says:
    January 19, 2012 at 8:42 pm

    They need to hire some Joooooooo bankers to help them with this

  4. Separate Reality says:
    January 19, 2012 at 8:44 pm

    Islam = Idiotic Satan Licking Angry Muslimes

  5. barbedwhiner says:
    January 19, 2012 at 8:55 pm

    This makes no sense
    Sharia disallows interest on loans
    and disallows insurance, which is why muslims get an opt-out on Obamacare written into the law
    so there’s no profit to be made by loaning to these people

  6. Spurwing Plover says:
    January 19, 2012 at 9:03 pm

    Crazy and insane Sharia law must be from the dark ages

  7. Teacake says:
    January 19, 2012 at 10:26 pm

    Europe has a huge muslim problem with welfare and with sharia finance, perhaps this is the pin point reason why Europe is collapsing financially?

  8. bitterclinger says:
    January 19, 2012 at 10:27 pm

    “Jihad with money.”

    Beck has done an OUTSTANDING job of explaining this (via Kevin Freeman, author of Secret Weapon). One of those muzzie mutants figured out if they could use Arab (oil profits) assets (along with investments from China and Russia) along with Soros-like market savvy that they would destroy the U.S. without conventional warfare. They’re doing it again and are in the final stage with wrecking our currency and inflating our money.

    Ret. Gen. Boykin was on in conjunction with Freeman, discussing the Muzz Bro-hood who have infiltrated the Pentagon and State Dept. If you heard him talk, you’d say he’s the last man with ‘nads in the country. He should run for prez.

  9. Axel says:
    January 19, 2012 at 10:47 pm

    @bitter the shows w/Freeman was excellent, other than Glenn’s inability to let the guest speak. I am looking forward to the Boykin interview, I am behind on all my politics today. I am glad someone is telling the truth. The whole financial thing was mind boggling.

  10. Bo says:
    January 19, 2012 at 11:56 pm

    Why don’t you tattoo that poop mark on your forehead, shithead. You were not born with it. Some human wants you too wipe your head on the ground. Glad it makes it easy to identify you retards.

  11. Bo says:
    January 19, 2012 at 11:57 pm

    Well the head mark is not much more fucked up than circumcision.

  12. Bo says:
    January 19, 2012 at 11:58 pm

    Maybe that is how we got rid of tails. Someday maybe we will all be born without foreskins and a s***stain on our heads.

  13. Bo says:
    January 20, 2012 at 12:00 am

    Golly, I’m sorry for being so offensive. I just hate to see 7th century-type murderers hurting our society worldwide. Really, I thing Arabs are as good a people as all others, but this mystic kill-kill-kill crap has got to end.

  14. Mike_W says:
    January 20, 2012 at 12:19 am

    They hold that book of filth up as if it is something to be proud of.

  15. charlotte says:
    January 20, 2012 at 6:56 am

    Yeah do it. Bankrupt Europe some more since no interest will be charged and when ever will these rabid, sandkissing asslifters ever work to pay it back?

    Of course they won’t-they’ll default and help to drive the EU OVER THE EDGE. But hey, thats OK, since all those European bastards in previous lives killed Jews en masse or handed them over to the Nazis to be killed, at first stealing all their wealth.

    So what goes around, comes around. Hell maybe those asslifters will even emigrate to the EU and help them to commit suicide.
    They didn’t want 6 million Jews but they got 40 million Mooslimes now–40 million and counting…

  16. Smokey says:
    January 20, 2012 at 7:11 am

    I would like to tear the pages out of that demon book and stuff them down their throats till the sorry bastards choke to death…….

  17. Debbie says:
    January 20, 2012 at 7:54 am

    So they can borrow from American companies that do sharia banking like BOA and Chase.Or borrow from Bloomberg,Soros,Katzenbaum,UAE,China,Dubai etc.

  18. Hammer Libs says:
    January 20, 2012 at 7:59 am

    If they spent as much time being industrious rather than yelling and banging raisins on their heads, then perhaps their shit hole of a country would be a little less so.

  19. Simon says:
    January 20, 2012 at 8:17 am

    I have heard that instead of charging interest as such, the banks get their money from annual “loan and administration” fees instead. Otherwise institutions receive no income generation from lending money and obviously there would be no incentive to even bother in the first place (unless you’re helping close relatives etc.).

  20. SineWaveII says:
    January 20, 2012 at 1:31 pm

    “Before borrowing we should know where we stand financially”
    “Why borrow money if we have money … and if we don’t have it..where did it go?”

    Wow. I despise radical islam, but wouldn’t it be nice if our government thought this way and asked these questions?

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