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Islamic Finance Briefing - Categorized | Banking, Financial Instruments (Credit Cards, Debts, Loans, Mort more

Sharia-compliant computer loans from Intel in Pakistan

Posted on 21 October 2011

Intel Corp is working with Pakistan Islamic bank Meezan to offer the nation’s consumers their first large-scale hire-purchase scheme for personal computers as the technology company seeks to increase its market share in the country, according to a Financial Times report.
Intel, whose scheme will be compliant with sharia, or Islamic law, is also considering expanding the scheme to other emerging markets, the report said……………………………………….Full Article: Source

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