Brazzil

Doubtful that they will accept foreign and non islamic companies to issue these kind of debts.
PURE WISHFUL THINKINGS !!!!
Otherwise other foreign companies, MUCH MORE well known to these countries will already have issued these types of bonds.

SIMPLE AS THAT !

Could anyone stated in the article, provide the name of a foreign and non Muslim company....but coming from a Christian country.... who already was allowed to issue such debts ??????

MY EYE !!!!! SIMPLE AS THAT !

It happens that years ago, I did business with one of this Middle East Institution that was based under the Shariah law.
They had around Us$ 500 million in deposits with my U.S. employer (to buy and sell various commodities)
Here is how it worked :
- they could not Receive Interests....but still wanted to receive
interests but in a disguised form.... due to the Sharia law.
- We therefore bought SPOT Silver at a fictious price.... and sold FORWARD Silver at a fictious price. The difference being the interests rate equivalent !
SIMPLE AS THAT !

N.B.
- we could had done all these trades in real life but they would not had been as precise as fictious prices to give the EXACT interests rates equivalent, and the Middle East institution wanted a GOOD AND FAVORED INTERESTS RATE EQUIVALENT.
- if we had done these trades on real life, the market would not had given the same rate, since we would had pressured the market on the upside with the SPOT PURCHASE...and put downside price pressure on the FORWARD SALE....due to the size of the trades ! Therefore both trade had to be done on fictious prices to not move the Silver market !!!!

If people believe half a second that the Muslims investing under the Shariah law are as "pure" as the law say, let me say.....MY EYE !

They still expect the INTERESTS RATE EQUIVALENT...SIMPLY DISGUISED IN ANOTHER FORM....ACCEPTABLE TO THE SHARIA LAWS !!!!!

And...and...and ONLY MUSLIMS COMPANIES COULD BORROW UNDER THESE TERMS....NOT COMPANIES FROM CHRISTIANS COUNTRIES !

SIMPLE AS THAT...ONCE MORE !!!!

Conclusion : forget the veracity of what the article states especially for a NON MUSLIM company wishing to borrow money.
THEY SIMPLY CANNOT !
And in Muslims countries ONLY a small part of the money follow the Sharia laws !
Do you believe that the SWF in these Muslims countries follow the Sharia laws ?????

OF COURSE NOT !!!!!!! They are eager, correctly, to earn as much as possible on their assets !

Hey...hey !

Doubtful that they will accept foreign and non islamic companies to issue these kind of debts.
PURE WISHFUL THINKINGS !!!!
Otherwise other foreign companies, MUCH MORE well known to these countries will already have issued these types of bonds.

SIMPLE AS THAT !

Could anyone stated in the article, provide the name of a foreign and non Muslim company....but coming from a Christian country.... who already was allowed to issue such debts ??????

MY EYE !!!!! SIMPLE AS THAT !

It happens that years ago, I did business with one of this Middle East Institution that was based under the Shariah law.
They had around Us$ 500 million in deposits with my U.S. employer (to buy and sell various commodities)
Here is how it worked :
- they could not Receive Interests....but still wanted to receive
interests but in a disguised form.... due to the Sharia law.
- We therefore bought SPOT Silver at a fictious price.... and sold FORWARD Silver at a fictious price. The difference being the interests rate equivalent !
SIMPLE AS THAT !

N.B.
- we could had done all these trades in real life but they would not had been as precise as fictious prices to give the EXACT interests rates equivalent, and the Middle East institution wanted a GOOD AND FAVORED INTERESTS RATE EQUIVALENT.
- if we had done these trades on real life, the market would not had given the same rate, since we would had pressured the market on the upside with the SPOT PURCHASE...and put downside price pressure on the FORWARD SALE....due to the size of the trades ! Therefore both trade had to be done on fictious prices to not move the Silver market !!!!

If people believe half a second that the Muslims investing under the Shariah law are as "pure" as the law say, let me say.....MY EYE !

They still expect the INTERESTS RATE EQUIVALENT...SIMPLY DISGUISED IN ANOTHER FORM....ACCEPTABLE TO THE SHARIA LAWS !!!!!

And...and...and ONLY MUSLIMS COMPANIES COULD BORROW UNDER THESE TERMS....NOT COMPANIES FROM CHRISTIANS COUNTRIES !

SIMPLE AS THAT...ONCE MORE !!!!

Conclusion : forget the veracity of what the article states especially for a NON MUSLIM company wishing to borrow money.
THEY SIMPLY CANNOT !
And in Muslims countries ONLY a small part of the money follow the Sharia laws !
Do you believe that the SWF in these Muslims countries follow the Sharia laws ?????

OF COURSE NOT !!!!!!! They are eager, correctly, to earn as much as possible on their assets !

Hey...hey !

Sharia forbids interest and that doesn't make sense in finance.

Let's say you want to lend money and not charge interest.
You could just split the transaction into two:
1) rent an asset to the borrower (that is, a house, an office, etc)
2) agree to buy that asset from the borrower for a certain amount (that is, give him the loan money in the form of a sale)

The borrower would agree to buy the asset back from you at the term and return the asset to you (principal) and pay the "rent" (interest).

There it is: a convoluted way of not charging rent for the money you lend (interest is nothing more than the rent the borrower pay for the money he borrowed).

Without my customary large comments, this time around I shall suffice to briefly express yet another cautionary flag (yellow this time - deferring to Joao), simply to "recommend" Brazil (and all Brazilians) to leave that lovely group of fanatical worshipers ALONE! Quite in the same way as a wise boy (brincando no quintal) would leave alone a nest of horns he might stumble upon...

CUIDADO COM OS MARIMBONDOS!!!!

Playing with a Nest of Horns!

I think it should read "Nest of Hornets", Milord. Excess of Ethanol consumption perhaps ? Hope you have stopped drinking Gin & Tonic and instead started consuming some good Cachaça which is quite a formidable Thirst Quencher.

I'm impressed. You're truly well informed and very intelligent. You wrote something that people could understand and made the subject intriguing for everyone. I'm saving this for future use.

Vivian
Marks Web
www.imarksweb.net