Comments on: Religion, Investments, and the Internet http://www.watblog.com/2008/06/09/religious-discrimination-20-%e2%80%93-the-culprit-is-moneycontrol/ The Refreshing Blog on Web, Advertising and Technology in India! Wed, 07 Jan 2009 20:54:22 +0000 http://wordpress.org/?v=2.5.1 By: Harshil Karia http://www.watblog.com/2008/06/09/religious-discrimination-20-%e2%80%93-the-culprit-is-moneycontrol/#comment-7875 Harshil Karia Tue, 10 Jun 2008 05:19:21 +0000 http://www.watblog.com/2008/06/09/religious-discrimination-20-%e2%80%93-the-culprit-is-moneycontrol/#comment-7875 @ Rajiv (both) - thanks for the updates and points of view. I agree. @ Sudhir & sane man - i agree as well. From the point of view of looking at society as it is currently structured, my views stand corrected. From an objective perspective - a perspective that negates the presence of religion - im not so sure. However, im aware that the way things currently stand, and with the boundaries that have been developed for all of us, my view holds no significance. Here is a paper that lends some criticism - http://www.jstor.org/pss/194707 Here is something from Wikipedia - Its popularity notwithstanding, critics of Islamic economics have not been sparing. It has been attacked for its alleged "incoherence, incompleteness, impracticality, and irrelevance;" driven by "cultural identity" rather than problem solving. Others have dismissed it as "a hodgepodge of populist and socialist ideas," in theory and "nothing more than inefficient state control of the economy and some almost equally ineffective redistribution policies," in practice. In a political and regional context where Islamist and ulema claim to have an opinion about everything, it is striking how little they have to say about this most central of human activities, beyond repetitious pieties about how their model is neither capitalist nor socialist. @ Rajiv (both) - thanks for the updates and points of view. I agree.

@ Sudhir & sane man - i agree as well.

From the point of view of looking at society as it is currently structured, my views stand corrected. From an objective perspective - a perspective that negates the presence of religion - im not so sure. However, im aware that the way things currently stand, and with the boundaries that have been developed for all of us, my view holds no significance. Here is a paper that lends some criticism - http://www.jstor.org/pss/194707

Here is something from Wikipedia -
Its popularity notwithstanding, critics of Islamic economics have not been sparing. It has been attacked for its alleged “incoherence, incompleteness, impracticality, and irrelevance;” driven by “cultural identity” rather than problem solving. Others have dismissed it as “a hodgepodge of populist and socialist ideas,” in theory and “nothing more than inefficient state control of the economy and some almost equally ineffective redistribution policies,” in practice.

In a political and regional context where Islamist and ulema claim to have an opinion about everything, it is striking how little they have to say about this most central of human activities, beyond repetitious pieties about how their model is neither capitalist nor socialist.

]]> By: Rajiv http://www.watblog.com/2008/06/09/religious-discrimination-20-%e2%80%93-the-culprit-is-moneycontrol/#comment-7869 Rajiv Mon, 09 Jun 2008 18:37:06 +0000 http://www.watblog.com/2008/06/09/religious-discrimination-20-%e2%80%93-the-culprit-is-moneycontrol/#comment-7869 Its a separate branch in banking thats kicking off big time, even in European countries (which are very secular). Its got nothing to do with any religionism. Go here http://en.wikipedia.org/wiki/Islamic_banking and read more about this - its been on for years and is gaining more credence now, even amongst large banks, as a separate branch of study on account of various additional laws involved here. Its a separate branch in banking thats kicking off big time, even in European countries (which are very secular). Its got nothing to do with any religionism. Go here http://en.wikipedia.org/wiki/Islamic_banking and read more about this - its been on for years and is gaining more credence now, even amongst large banks, as a separate branch of study on account of various additional laws involved here.

]]> By: Rajiv Renganathan http://www.watblog.com/2008/06/09/religious-discrimination-20-%e2%80%93-the-culprit-is-moneycontrol/#comment-7868 Rajiv Renganathan Mon, 09 Jun 2008 17:05:30 +0000 http://www.watblog.com/2008/06/09/religious-discrimination-20-%e2%80%93-the-culprit-is-moneycontrol/#comment-7868 Shariah way of investment is popular investment strategy among a "class of investors". Look at it this way. Shariah way of investment is popular investment strategy among a “class of investors”. Look at it this way.

]]> By: sandeep http://www.watblog.com/2008/06/09/religious-discrimination-20-%e2%80%93-the-culprit-is-moneycontrol/#comment-7856 sandeep Mon, 09 Jun 2008 15:23:16 +0000 http://www.watblog.com/2008/06/09/religious-discrimination-20-%e2%80%93-the-culprit-is-moneycontrol/#comment-7856 dude, islamic investment opportunities are special funds tailored to muslims to invest in Shariah compliant companies Its not a gimmick but specialty funds tailored to muslims keeping in mind of there religious sentiments and its been there from donkey years. plz do check b4 ranting dude, islamic investment opportunities are special funds tailored to muslims to invest in Shariah compliant companies

Its not a gimmick but specialty funds tailored to muslims keeping in mind of there religious sentiments and its been there from donkey years.
plz do check b4 ranting

]]> By: Sudhir http://www.watblog.com/2008/06/09/religious-discrimination-20-%e2%80%93-the-culprit-is-moneycontrol/#comment-7854 Sudhir Mon, 09 Jun 2008 14:09:27 +0000 http://www.watblog.com/2008/06/09/religious-discrimination-20-%e2%80%93-the-culprit-is-moneycontrol/#comment-7854 Harshil, I don't think it's a case of religious discrimination. On the contrary I think it's a good initiative. Muslims usually don't invest in stock market because they did not know by investing in which company they will have halal profit. Now, Moneycontrol has taken initiative with a Islamic broking firm to educate Muslim investors, so they do not feel left out of bullish(?) Indian Stock Market. Harshil,
I don’t think it’s a case of religious discrimination. On the contrary I think it’s a good initiative. Muslims usually don’t invest in stock market because they did not know by investing in which company they will have halal profit. Now, Moneycontrol has taken initiative with a Islamic broking firm to educate Muslim investors, so they do not feel left out of bullish(?) Indian Stock Market.

]]> By: sane man http://www.watblog.com/2008/06/09/religious-discrimination-20-%e2%80%93-the-culprit-is-moneycontrol/#comment-7853 sane man Mon, 09 Jun 2008 14:06:50 +0000 http://www.watblog.com/2008/06/09/religious-discrimination-20-%e2%80%93-the-culprit-is-moneycontrol/#comment-7853 Whats the fuss all about , I have not seen the content but i am sure this offering is for particular community that has its own way of descipline for investments . Whats the fuss all about , I have not seen the content but i am sure this offering is for particular community that has its own way of descipline for investments .

]]> By: Harshil Karia http://www.watblog.com/2008/06/09/religious-discrimination-20-%e2%80%93-the-culprit-is-moneycontrol/#comment-7849 Harshil Karia Mon, 09 Jun 2008 12:41:41 +0000 http://www.watblog.com/2008/06/09/religious-discrimination-20-%e2%80%93-the-culprit-is-moneycontrol/#comment-7849 Hi Sameer - thanks for the Info. Yep - im pretty sure there are. If its an Islamic country it makes sense right? But whats your opinon, should it be the same for a secular country? Hi Sameer - thanks for the Info. Yep - im pretty sure there are. If its an Islamic country it makes sense right? But whats your opinon, should it be the same for a secular country?

]]> By: Sameer http://www.watblog.com/2008/06/09/religious-discrimination-20-%e2%80%93-the-culprit-is-moneycontrol/#comment-7843 Sameer Mon, 09 Jun 2008 12:25:14 +0000 http://www.watblog.com/2008/06/09/religious-discrimination-20-%e2%80%93-the-culprit-is-moneycontrol/#comment-7843 Hi Harshil I think there are several such funds overseas that are for islamic community. There are also banking norms which confirm to sharia laws in some countries. Hi Harshil

I think there are several such funds overseas that are for islamic community.

There are also banking norms which confirm to sharia laws in some countries.

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