View Single Post
  #23  
Old July 11, 2009, 07:17 AM
BanCricFan's Avatar
BanCricFan BanCricFan is offline
Cricket Guru
 
Join Date: April 29, 2005
Favorite Player: Taskin, Rubel, Abul
Posts: 10,731

Quote:
Originally Posted by Sohel NR
...They're similar to most halal financial institutions here in Bangladesh. They "share profit" instead of charging interest, but never "loss". Not helping your "profit sharing partner's" operations with a solid and proactive business and management plan and oversight, and allowing him to fail in the process, is the easiest way the grab the targeted equity, mostly land and everything else, and move on to the next victim.
Interesting observations, Sohel.

By the way, Great post, WW!
Reply With Quote