UK: at long last, Sharia-MasterCard makes its debut

One small step for Muslims, one giant leap for Islam. "Sharia-compliant MasterCard launch," from the Press Association, August 11:

The UK's first sharia-compliant prepaid MasterCard has been launched in London - dubbed the "Islamic financial centre of Europe".
I still prefer "Londonistan."
The Cordoba Gold MasterCard does not charge or receive interest as this is in direct conflict with sharia Law.[...]

What about all those other "issues" with UK society that "are in direct conflict with sharia law" -- you know, like the proliferation of pork and alcohol, homosexual rights, and the fact that Christians are not paying the jizya? All in due time, I suppose.

| 36 Comments
del.icio.us | Digg this | Email | FaceBook | Twitter | Print | Tweet

36 Comments

The Cordoba Gold MasterCard does not charge or receive interest as this is in direct conflict with sharia Law. The company also donates at least 10% of its profits to registered charities in the UK and abroad.

From the Cordoba Gold FAQ's:

2.4 How much does a Cordoba Gold cashplus prepaid MasterCard cost? There is an initial cost of £9.95 for the Card. There are other Usage Fees that apply and these can be found on our fees summary section. [link to Terms and Conditions]

So, upfront, it costs a Jackson just to get one. Then there's usage fees found in the Fees Summary of the T&C.

There's a monthly usage fee (£4.95),
card maintenance fee (£4.95),
transaction fee (£1.00 each)
tops up fee (free but note: some top ups outlets may charge an additional fee),
ATM withdrawal fee (£2.00 in UK, £3.00 non-UK), cash withdrawal fee (£3.00),
additional card or replacement fee (£9.95 Maximum),
foreign transaction fee(2.75% of amount withdrawn/spent)
and cancellation fee(£10.00). . .

charades anyone?

I'd also like full disclosure about those registered charities in the UK and abroad.

http://www.cordobagold.com/

Classic. No credit check and can use it to transfer money abroad.

I don't see why any "sharia" bank in the UK or elsewhere wouldn't already have a debit card, and one without all the fees. The main feature, that the bank doesn't earn "interest" on the balance, would apply in that case too.

And in that case too it would be charade, as heroyalwhyness said. Any bank earns money on its deposits; in the case of sharia banks, it is simply not called "interest." As usual I wonder about the effect with regard to the central bank. Are there sharia banks in the U.S. and do they maintain the Fed-required liquidity? If so, how do they maintain it if they can't borrow overnight because it would mean paying explicit interest? Does the sharia practice of pricing a home according to the total of mortgage payments exaggerate home price averages? (Did it contribute to the bubble that burst recently?)

Does the sharia practice of pricing a home according to the total of mortgage payments exaggerate home price averages? (Did it contribute to the bubble that burst recently?) Posted by: Raymond Woodbury


Good question. . . as there's additional reason for concern:


LOST SOVEREIGNITY
OIL-RICH FUND EYEING FORECLOSED US HOMES

Notice the name of the card. As far as they are concerned, Al-Andaluz is still theirs and just waiting to be reclaimed. The title of the card alone is more stealth.

Prepaid debit cards are nothing new. They don't charge you interest because at no stage do you borrow money. You deposit money to your card account so you are paying up-front, not in arrears as is the case with credit cards.

There are several on the market.

Watling-

That's the very first thing I wondered when I reached the word 'prepaid' in the article. Rather makes this issue a bit of a no brainer.

As is the case with any other prepaid card, what's on it is merely a matter of branding which is another issue perhaps.

Raymond-

"All in due time, I suppose."

Suppose you make some observations that don't presume upon the basis of the British people themselves being such a bunch of spineless muppets that they'd stand idly by and let a bunch of religious nutters steal their nation from under their noses?

Seriously..... Do you know nothing of the British character beyond government and media?

Posted by: Wishbone at August 11, 2008 1:29 PM

Don't shoot the messenger, Wishbone. "All in due time" implies that the Islamists will indeed continue to push until they are pushed back, which to date has not occured, yet this phenomenon is certainly not exclusive to the Brits.

Awake-

Don't shoot the messenger. What is that supposed to mean exactly? Are you proposing that I'm seemingly in denial of a startlingly obvious prophecy, implied or otherwise, as delivered by your 'messenger'?

Sorry mate, but that isn't going to wash with me. This is simply presumption at best.

Do you know nothing of the British character beyond government and media?

The answer to that is obvious, but lack of knowledge is no bar to ready assertion of opinion.

We need islotionist state till we deal with the treason of our leaders i cannot believe our leaders dont get what there doing to us and i use the term leaders very losely they are so corrupt there selling there childrens future out its time we remove every single one of them.

"One camel : 200..... One kafir slave : 300, being able to send money to your terrorist cousin : priceless...."
I know it was Visa who ran those adds, but how long until they do the same?

Posted by: Wishbone at August 11, 2008 2:12 PM

You seemed annoyed that Raymond posted this. It is a reality, however. It has less to say about any governmental policy in the UK than the Muslim population that makes these offerings marketable.

There is nothing to wash here.

"The Cordoba Gold card is a Sharia compliant prepaid MasterCard. Cordoba Gold is ethically driven by the high moral standards of Sharia for you the customer."

That's what it says on the ad at Awake's link.

I'm wondering what kind of ethically driven moral standards Muslims apply to buying homes in the U.S.? In my area there are a lot of Muslim names in the tax records showing foreclosure activity so I'm guessing that when they bought they didn't pay in cash.

What morality. What ethics. What B.S.

Come on people...rush out and get one..

I love the flat world insignia on the side too...cool

I intend to get one....

Britvic-

Evidently not, though I'd challenge again any notion that requires the servitude of an entire nation as a given, in order to qualify itself.

Awake-

I'm not annoyed at all mate. As for the 'reality' of these cards, there's no story here at all. The only reason they're sharia compliant is because they are no different than any other pre paid card in this country: They're 'pre-paid'

As for the rest of it, there's not a football club or church knitting society that doesn't have their particulars on a pre-pay card somewhere. I'll grant you that calling it a 'Cordoba Gold' card is cheeky, but otherwise business as usual.

That "Cordoba Gold MasterCard" will put the vigilant in mind of the word "Observatory" in "Islamophobic Observatory." Just as the word "Cordoba" is supposed to evoke the wonders and supposed convivencia of Islamic Spain -- that is, Muslim-ruled parts of Spain, about which it is assumed Infidels have already swallowed all that tales-of-the-alhambra romanticising -- so the very word "Observatory" is, as has been noted here before, supposed to hark back to the Great Achievements of Islamic Science, and among those Achievements -- see George Saliba for a sky-high exaggeration -- is that "observatory" at Maragha, the place where in the twelfth century a distinctly-non Muslim ruler, the Mongol Hulegu, made his capital, before moving it to Tabriz.

"the Cordoba Gold MasterCard "
"Islamophobic Observatory"

What's next? The Saladin School of Ballroom Dancing?

It's bad enough to live so constantly by reference to a dream-palace of the past, a very distant, millennium-old past. It's still worse when that past has been distorted through the lens of the need for self-esteem, with greatness exaggerated, and deficiencies, and the miseries imposed on others, largely ignored.

This is way sharia finance truly works.........first you need 3 shells and a pea...........

I think I'm repeating myself.

Come on people...rush out and get one..

I love the flat world insignia on the side too...cool

I intend to get one....

Posted by: hindenberg at August 11, 2008 4:42 PM

That's because you're a Mohammedan. Like everything else, the West invented credit cards, i.e. Infidels. And here you are "rushing out to get one!" LOL! Can't you Mohammedans invent ANYTHING?? Just parasites on the West's many and various inventions and creations, while you Barbarians spent your time whacking your foreheads to a pagan moon deity that doesn't exist! Quelle blague! What a joke you are!

Brava Oriana Fallaci.

"The Cordoba Gold card is a Sharia compliant prepaid MasterCard. Cordoba Gold is ethically driven by the high moral standards of Sharia for you the customer."

That's what it says on the ad at Awake's link.

I'm wondering what kind of ethically driven moral standards Muslims apply to buying homes in the U.S.? In my area there are a lot of Muslim names in the tax records showing foreclosure activity so I'm guessing that when they bought they didn't pay in cash.

What morality. What ethics. What B.S.

Posted by: Isabellathecrusader at August 11, 2008 3:53 PM

And Brava Isabella. "The high moral standards of Sharia" ---Ha Ha Ha Ha Ha Ha Ha (etc., ad infinitum).

Come on people...rush out and get one..

I love the flat world insignia on the side too...cool

I intend to get one....

Posted by: hindenberg at August 11, 2008 4:42 PM


Also, Mohammedan - can't get anything besides a "pre-paid" card? LOL!!!!!

The UK's first sharia-compliant prepaid MasterCard has been launched in London - dubbed the "Islamic financial centre of Europe".

I still prefer "Londonistan." -Raymond

Oh yeah, you're right. The 2012 Olympics will be in Londonistan. I wonder how many black-sheeted Mohammedan females will be attending?

Until the Brits get off their scared and cowardly arses and do something, it's "Londonistan." Brava Melanie Phillips - you are right.

Not to say that I support Sharia law, but I see this more as MasterCard taking advantage of Muslims' stupidity.

You can bet that MasterCard will be earning the interest on the pre-paid amount. So instead of the usual thing, the credit card company loaning you money at outrageous rates, Sharia-compliant Muslims turn it around and give free loans to a already hugely profitable corporation.

Hi Miss Darcy!

Steve Cheng, that's not the point. The point is to get us ready to except all things Sharia.

No doubt many Americans who don't want to be bothered with the problems of Islam and who would rather not think about it until the bastards take us over will think that this is no big deal. Think about the proverbial frog in the pot.

It's important for us not only to be on the defensive when it comes to Sharia but to be on the offensive and actively weeding and rooting it out of our midst. CAIR would like nothing more than for all of us to go to sleep and wake up in an Islamic Wonderland. Trust me, that will be nothing like a Boogie Wonderland!

"There is no credit with Cordoba Gold , so there is no credit check!" --from the link posted by awake

Wow, no credit on a credit card! That's impressive!

Fools Mohammedans into thinking they actually have a legitimate credit card. Pitiful.

"Wow, no credit on a credit card! That's impressive!"

Now that's funny! It's just like everything else in Islam, what you see is definitely not what you get.

Can it be used for money laundering?
Yes? Perfect.

Nicholas Moy, chairman of the Cordoba Financial Group, added: "This is another product offered by London, which as you all know is the Islamic financial centre of Europe."

He said that inshallah, or God willing, the company would be expanding into France and Germany "in due course."

From this article:-

http://www.24dash.com/news/Communities/2008-08-11-MasterCard-launches-UKs-first-sharia-compliant-credit-card-for-Muslims


They'll send us down the route to islamisation if there's a profit in it for them.

Boycott Mastercard.

Now the jihad can be funded legally-
In the uk there are an estimated 1.6 million muslims and the 2001 census showed one third to be under 16 which leaves roughly 1.06 million that could possibly have a card
so say for the sake of arguement ..on the active plus account

500,000 cards issued at £9.95/card=£4,975,000
monthly subscriptions @4.95 =£2,475,000
say two atm withdrawals/month =£1,000,000
now that is if I am correct
TOTAL...........=£8,450,000

now the cost to me of my credit card (so far I have always paid it off in full every month) is
TOTAL.......... NIL £0.00
I have not included insurance for my card as I believe it is optional

Really you would need to be a real muppet to take one of these cards


The profits will go to charities nominated by a board of imams (that is my understanding)

As muslims are not allowed to make charitable donations to nonmuslims unless to entice them into islam-- there will be a lot of money into muslim charitable causes.... now that gives me cause for concern !!!!

Population figures from BBC 2005 population guide
http://tinyurl.com/64ftlr

It seems the Gordon Brown and the banks must love sharia more than their western inheritance-- and gordon wonders why he is losing elections

darcy:

Wow, no credit on a credit card! That's impressive!

It's not a credit card, hence there's no need for a credit check. As wishbone has pointed out, the only distinguishing feature of this Cordoba prepaid Mastercard is in the marketing. In reality the card functions like any other prepaid debit card.

You don't borrow money so there's no credit. You "load" the card up with your own money and you even pay for the privilege of doing so. It's handy for those who can't trust themselves with a credit card because you can only spend what's already yours. It's also useful for those who are nervous about buying on-line using a credit card having a high spending limit.

Perhaps you don't have prepaid cards in the USA so the concept is unfamiliar?

Watling,

As was previously stated, the card's function itself is nothing new. As a matter of fact, Muslims are being marketed and exploited financially here to a degree

That being said, that there is a Muslim market in the UK for this Shari'ah angle pre-paid card is what is worth noting here.

The 10% of proceeds going to "charities" and the other implications of the ability to transfer money abroad are also worth noting.

This card is a manifestation of the political Jihad being waged against my country. Though it seems like a little thing, just a card that you load up with your own money, it opens the door for ever more demands for sharia from the muslim minority.

This won't stop unless we stop it. Islamists demand the majority allow them to have an equal say. This is made possible by our left wing government and the media. We are taught in the UK to be ashamed our culture. This opens the door to islamists to exploit.

Islam does not share our values, it is a supremacist system that will use anything to impose itself on us.

We have to fight back. The only way I can see for that to happen in the UK is for the country to turn to the right. None of the mainstream parties' has the backbone to stand up to these invaders, for that is what they are.

We need to take our country back and remove the parasites who come here to take advantage of our idiot socialist governments' misguided sense of moral superiority.

I am ashamed of my country's current weakness.

Time to fight back.

Bravo, DaveMate.

To see Civilization (England), actually fight back against the Barbarians (you know who) would be so wonderful there are no adequate words to describe it.

The UK's first sharia-compliant prepaid MasterCard has been launched in London
...............................

The "Cordoba Gold MasterCard", huh? A little reminder that "Al-Andalus"--that's Spain to all you Infidels--was once a part of "Dar-al-Islam".

"Sharia'ah compliant" finance is a joke--it's almost always a scam, work-around, or sleight of hand. As noted here, this is not a "credit card" at all, but only a debit card. Still, shari'ah compliant finance is another aspect of the slow jihad--the growing mainstreaming of Islamic norms.

Islam--it's everywhere you want to be.

Maybe it's just me, but Cordoba Gold sounds like it should be a beer.

Site Meter