Mortgages And Loans. Islamic Finance Avoids Interest.
Two million Muslims in the UK face an ethical dilemma if they want a mortgage or a loan. Conventional mortgages and loans all require the payment of interest and “riba” as interest is called under Islamic law, is forbidden by the Koran. British financial institutions are increasingly catering for Muslims’ specialist needs through a number [...]
Written by admin on Aralık 2nd, 2009 with comments disabled.
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