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Message: <blockquote data-quote="ibnanv" data-source="post: 17332653" data-attributes="member: 218596">Business is for a niche market not for a majority only. Sampath bank is bankrupt that is why it is issueing 60 Billon Rs of debentures. Those who take interest only consuming its Capital.That is why banks are collapsing. Another Pramuka in making. Do you why Central banks asked conventional banks to merge.  Because of its loses. Conventional banks takes interest by hook or by crook. Where as Islamic banks takes in losess too. There is no concept of compound interest in Islamic banks. Whereas conventional banks do charge them.Conventional Banks makes poor people poorer. Where as Islamic bank does the opposite. In islamic bank it is a business transaction. Muslim people were not banking with commercial banks, only some business people used current accounts. Majority of Muslims never used save until Islamic banks came. Sinhalese people are the ones who eats interest. Even if you like it or not Islamic Banks are here to stay.We love islamic banks. </blockquote>

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