Melayu Miskin Dulu : KPDNKK Sokong Forum Hentam Perbankan Islam

It looks like all my preaching the past few years has not been in vain. I have said many times that the so called "Islamic banking" is among the biggest conjobs ever created to fool the Malays and make them poorer. 

Since before I became a banker I knew that Islamic banking is a farce.  Too often it is just conventional banking with an arabic 'aL' prefix like al wadiah, al murabahah, al mudharabah, al this and al that. 

Here is a You Tube video of part of an interesting forum organised by the Persatuan Pengguna Islam Malaysia (PPIM).  (Pasal apa tak jemput saya bro?)

The Chinese man is shocked that a RM100,000 loan became a repayment of RM700,000 !! 

This type of hisap darah behaviour is not uncommon in "Islamic banking" in Malaysia. Yahudi pun kalah.

There is a bank in town that used to make RM10 - RM15 million in profit. After they embarked aggressively into Islamic banking they make RM2 billion to RM3 billion in profits.  At the expense of the Malays of course.

There is no such thing as Islamic banking. Bank interest is NOT riba.   Riba (as per the Quran) means profiteering. 

Profiteering means mengambil untung yang berlebihan.

Islamic banking in Malaysia cheats the Malays and Muslims. They only say it is Islamic but the calculations are all the same as conventional banking. Well actually it is worse off for the borrower because the Malays / Muslims pay more to the Islamic bank than to the conventional bank.

That same mamak idiot advisor stated the reason why. He said Islamic banking does not mean it should be cheaper.  

How stupid can you get?

Can we have some discussion on this one?

Long stupid arguments will be deleted. 

If you think you are smart, if you think you are islamic and if you think you have the answers to defend islamic banking then keep your points short and concise.