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Tamweel’s restart unlikely to lift property sector

Posted on 04 November 2010

From Thenational.ae: Tamweel’s re-entry into the home financing market this week is not expected to give a huge boost to Dubai’s flagging property sector, despite terms observers say are competitive with those offered by banks.
The Islamic home finance company based in Dubai restarted its Islamic mortgage business on Monday after a two-year freeze, offering to finance up to 80 per cent of the purchase price of completed properties……………………………………….Full Article: Source

 
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