Anyone Know A Good Shariah-Compliant ReFi Company?

by Edward Niedermeyer

Published: September 29th, 2009

anyone know a good shariah compliant refi company

How about a backers for an independent British sportscar marque? Kuwait’s national Investment Dar, which paid $925m for a 51 percent stake in Aston Martin two and a half years ago, has secured a claims freeze from creditors, reports The Guardian. This, nearly seven months after the fund got into trouble and offered its Aston stake up for biding, and our Aston-buyer-rumor-meter is still registering a fat goose egg. $393m of Dar’s stake was financed with a Shariah-compliant loan, and the Dar has been forced to publicly ask its creditors to chill. The finance guys will come to some kind of musawamah, but it’s Aston I’m worried about. McLaren is making a less indulgently heritage-dependent bid to be come the British sportscar firm, while Aston is… languishing on the market, firing workers, being turned down by celebs, rebadging Toyotas and generally cheapening the brand. Where do you go from there?

Edward Niedermeyer

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AlexD on Sep 30, 2009

What the heck is the Muslim world? Show me the cultural similarities between Senegal, Indonesia, Saudi, Afghanistan or Lebanon (I could go on), and I'll buy you a falafel. "unequal distribution of wealth" ? I think Michael Moore has a movie about that. "born into a certain class" describes India, or even South America. Keeping the thread focused on Kuwait would be more accurate.

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Ronnie Schreiber on Sep 30, 2009
What the heck is the Muslim world? Show me the cultural similarities between Senegal, Indonesia, Saudi, Afghanistan or Lebanon (I could go on), and I’ll buy you a falafel. Let's see. Don't eat pork. Pray 5 times a day in a Mosque. Treat non-Muslims as second class citizens. Certainly seem to be some cultural similarities. The fact is that Muslims see themselves as part of one large ummah, nation. “unequal distribution of wealth” ? I think Michael Moore has a movie about that. Mikey knows all about unequal distribution of wealth. He lives in a lakefront home on Torch Lake, arguably the most desirable location for vacation homes in Michigan. He also owns an apartment on Park Avenue in Manhattan. Mikey likes to make it seem like he's a common working class guy, but he never lived in Flint (he lived in a nice middle class suburb) and he's never worked a real job in his life. Mikey would collapse if he had to work an 8 hour shift in a factory. When Mikey sells his homes and uses the proceeds to help the homeless or he doesn't charge admission to his movies, I'll see him as anything other than a huge (and getting bigger everyday) hypocrite. Hell, entire families in Haiti could live for a week on what Mikey stuff in his face for lunch.

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PeteMoran on Sep 30, 2009
When Mikey sells his homes and uses the proceeds to help the homeless or he doesn’t charge admission to his movies, I’ll see him as anything other than a huge (and getting bigger everyday) hypocrite. Damnation to those successful people! (Yawn).

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Porschespeed on Sep 30, 2009
Let’s see. Don’t eat pork. Pray 5 times a day in a Mosque. Treat non-Muslims as second class citizens. Certainly seem to be some cultural similarities. The fact is that Muslims see themselves as part of one large ummah, nation. Wow. They're just one homogeneous block. I'm so glad you cleared that up for me. My Talmud is rather rusty. Perhaps you are familiar with a parable that has to do with splinters in someone else's eye and removing the plank over your own? +1 To AlexD for having seen enough to know that no group really thinks or lives a monolithic existence.

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