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

Islamic home finance offers new solutions in this economy

Posted on 07 May 2009

From Just-international.org: The business model and growth of the Islamic finance sector — the only financial system in the world today that is based on the teachings of a major religion — may present new opportunities for American households — Muslims and non-Muslims alike.

The Islamic home financing sector is active in nearly 40 states in the United States. While operating on an interest-free business model, Islamic home financial institutions are compatible in every way with modern capitalism, just like conventional financial institutions…….Full Article: Source

 
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