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NAB to launch Muslim-friendly loans

Posted on 15 June 2009

From Livenews.com.au: Muslims will soon have access to special interest free loans from the National Australian Bank. NAB says it will offer the Muslim-friendly loans of up to a thousand dollars to comply with Sharia law.

Sharia law forbids usury, or the making of profits by charging interest………Full Article: Source

 
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Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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