Life is like a camera ~~~
Focus on what's important....
Capture the good times....
Develop from the negatives...
And if things don't work out,
Take another shot ~~~~

Monday, November 29, 2010

Dont buy GOLD with loan...why??


From my opinion, several of us think that making money with GOLD from a loan bank are one of the strategies way. But do they forget something? Personal loan are completely riba and they know it. And yet, they still promote others to do it so that newbie can buy gold from them. I do not agree this because firstly, it against Islamic concept. And secondly, you still in debt although GOLD can achieve 15-25% per year but still it minimize your profit. I do agree if you buy your own GOLD by salary or profit from business but not from loan. Either from Islamic bank or else it still the same concept. If you are non-Muslim than its not an issue here. Think again...watch this video for further explanation.

credit to Nizam Ali
source: www.youtube.com

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