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Islamic Finance Briefing - Categorized | Banking, Emerging Trends more

South Africa: Shariah banking growing rapidly

Posted on 15 June 2012

More than 100000 South Africans make use of the shariah-compliant banking products of local banks. Eric Enslin, head of client engagement at FNB Wealth, said the shariah customer base is not exclusively Muslim.
Enslin said shariah banking is consistent with the principles of Islamic rulings and their practical application through the development of Islamic economics………………………………………..Full Article: Source

 
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