brommel: Welcome to the modern world: zero interest banking

Sunday, July 29, 2007

Living in paradise:
Interest free but modern banking.

Advertisement from today's Pakistani Dawn newspaper.

At July 29, 2007 at 2:30 PM, Anonymous said...: Baseline: Advocates should never write financial books.
At July 31, 2007 at 3:55 AM, brommel said...: Baseline?! you're right. never convert an advocate
At July 31, 2007 at 4:08 AM, brommel said...: BTW, I love books with 8 appendixes as stated in the ad
At August 22, 2007 at 6:23 AM, Anonymous said...: You get zero interest in deposits and you get zero interest in loans as well.

Get a $1M loan and invest in stocks and mutual funds, keep the earnings and pay your loan interest free.

Definitely the best banking system ever!
At August 22, 2007 at 6:23 AM, Anonymous said...: I mean you pay zero interest in loans and not "get zero interest in loan."