More innovative products are being offerred by banks which are still keen to lend despite tightening of lending policieser. Islamic Lending will also become another powerhouse in the Banks’ lending arena. You can see that today, Islamic banking is getting a lot of attention by the Government. More and more people are also taking up Islamic loans nowadays.
Islamic Loan packages have evolved and have gone through a lot of improvements compared with 10 years ago. Gone are the days when Islamic Interest rates are fixed in nature………………………………………..Full Article: Source