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Islamic Finance Briefing - Categorized | Banking, Market Moves more

Applications rise 10-fold for Islamic Bank of Britain’s ‘Gold medal’ savings account

Posted on 22 August 2012

A ‘Gold medal’ savings account from Islamic Bank of Britain (IBB), offering the UK’s highest rate of return for a two year fixed term deposit, has received a 10 fold increase in applications compared to the previous month.
This was prompted by the launch of a limited-period Ramadan promotion offering a market-leading four per cent expected profit rate for the IBB Two Year Fixed Term Deposit (FTD) account. ……………………………………….Full Article: Source

 
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Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


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