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Saudi - Giving Up On Selling Oil, Starting To Sell Debt

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Sharia compliant? How does that work?

Pay female bankers 1/4 of a male one?

Semantics normally. Search and replace references to 'interest' and replace with 'rolled-up capital gain'.

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Commentator had it:

'However, discounting par is not against islamic law. A technical loophole, true, but we're talking about religion here, not logic.'

I sell you $100 bond for $80. I pay back the $100 in five years time.

Wierdly, Im eating mixed dates from KSA as I type. A local asian shops sells packets. They are quiet expensive but very good.

KSA - sellers of oil and dates.

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