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Islamic Finance Briefing - Categorized | Banking, Performance more

Strong demand drives growth at Islamic Bank of Britain

Posted on 12 December 2012

Islamic Bank of Britain plc (IBB), the UK’s only wholly Shari’ah-compliant retail bank, reported a 63 per cent increase in home financing and a 43 per cent increase in long-term savings deposits for the first three quarters of 2012.
Growth and demand, has been driven through the launch and development of new savings products, the IBB Home Purchase Plan and Buy to Let Purchase Plans, supported by effective sales and marketing strategies………………………………………..Full Article: Source

 
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