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Islamic Finance Briefing - Categorized | Banking, Market Moves more

Sharjah Islamic Bank launches UAE’s 1st 0pct profit Hajj financing service

Posted on 25 October 2010

Sharjah Islamic Bank (SIB) has announced the launch of 0% profit financing service for Hajj under the theme “Perform Hajj this year and pay it off over the year with no profit”.
The innovative service, the first-of-its-kind to be offered by an Islamic bank in the UAE, will enable a lot of people to perform Hajj and pay back the cost via easy and affordable monthly installments for one year without any profit, fees or extra costs……………………………………….Full Press Release: Source

 
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