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Shariah Child Trust Funds eh?

8 replies

moondog · 14/06/2010 07:24

Any Christian one going too?

OP posts:
Tortington · 14/06/2010 07:27

i dont think christians have any rules about banking and money lending and interest rates do we?

SixtyFootDoll · 14/06/2010 07:29

Shariah is specific, it is somethng to do with mking money out of money or similar.
There are other Shariah financial products that allow customers to stay within the Shariah law.

moondog · 14/06/2010 07:33

The Bible has plenty to say on how money should be invested, but gosh, who cares about dull eoe' Christianity eh?

OP posts:
Tortington · 14/06/2010 07:36

i dont see anything in the link moondog that would need a specific form of banking to be set up to allow me to access it.

re: social and ethical - that is something i do already becuase there is a bank that caters for this

SixtyFootDoll · 14/06/2010 07:36

If Christains feel that strongly about it they can bank here

moondog · 14/06/2010 07:38

Wonderful Sixty, so the question remains:
where is the Christian Child Trust Fund?

OP posts:
tartyhighheels · 14/06/2010 07:55

sixty foot doll is right - please at least do a bit of research before you post

Shariah law is extremely prescriptive about money lending/profit - why should Islamic children have missed out on CTF, which they would have in standard banks.

littleducks · 14/06/2010 08:14

It is a trust fund marketed at a specific audience in order to get more customers at that specific bank/investment, not too disimilar to an 'ethical' trustfund

That private company has paid for an advert on mn, presumerably as part of a marketing strategy

(personally i think they are going on a big drive to recruit customers as ctfs have been axed and the vouchers expire after a year and then are shared out by the goverment equally)

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