Talk:Contractum trinius

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[edit] Islamic banking

The final paragraph seems like a thinly veiled attack on Islamic banking without any consideration of pro/con arguments. I think it would be more neutral to simply provide a link to the full Islamic banking article, without the hostile implications. Let me know if you feel my edit is inappropriate. Maronz 14:57, 29 May 2006 (UTC)

The contractum trinius isn't inherently a bad thing — or at least it's not made out to be in the article. So I'm not sure that saying that a form of it is used by some modern Islamic banks is (as far as I see it) an attack on those institutions. Could do with a source stating that it actually is being used by the banks, though. GeeJo (t)(c) • 15:19, 29 May 2006 (UTC)
On a quick search, it looks like my hunch was right. Google makes the link between Islamic banking and the contractum trinius seem tenuous at best, with only a handful mentioning both together - compared to the 800,000+ hits for "Islamic banking". However, since half the hits mentioning the contractum trinius at all make a comparison to Islamic banking, a brief mention is probably warranted. I've added a link to such an essay to back up the point that some do make the connection, though I've no major objection if it's removed. GeeJo (t)(c) • 15:30, 29 May 2006 (UTC)

Looks good :) I described it as a possible attack because I think a Muslim would be reasonably offended when a practice called "Islamic" is being described as a clever trick to get around Islamic law. The way it is now is perfect though. Maronz 03:18, 30 May 2006 (UTC)

So what if they're offended? Islamic banking *is* an attempt to get around Islamic law, just as the Contractum trinius is an attempt to get around biblical law. If a Muslim were offended, then surely they should petition their Islamic banks to offer genuine zero-interest loans, not complain about Wikipedia. -DrPizza 14:01, 17 August 2006 (UTC)
I changed it less because it would offend than because the link seems somewhat tenuous based on googling. I'll admit I don't happen to have access to any literature, online or offline, about Islamic banking – so if anyone can provide an authoritative reference comparing the two feel free to include it. GeeJo (t)(c) • 18:59, 17 August 2006 (UTC)
Well, there are certainly some Muslims who feel that common Islamic banking practices are illegitimate. The author of the comparison linked in the article is one of those authors; some feel that nothing short of true interest free loans are acceptable (that is, those loans whose terms admit no time preference/opportunity cost/etc. to money); others would extend that to profit-sharing schemes (for investments, at least); others argue that hire-purchase agreements (where the goods are rented for a period and paid off at the end of that period) are acceptable, as no penalty fees can be owed, but the goods can be repossessed on failure to pay. -DrPizza 23:18, 17 August 2006 (UTC)
I agree, but bear in mind that this isn't an article on Islamic banking. That exists here. If you can find any certified experts positing a connection between the contractum trinius and modern banking practices, it belongs here. Otherwise, it probably doesn't. GeeJo (t)(c) • 23:54, 17 August 2006 (UTC)