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Tamweel offers select clients 80pct mortgages

Posted on 05 November 2010

From Thenational.ae: Two years ago, Tamweel, the Islamic mortgage company, announced that it would be closing up shop. With average property prices in Dubai falling by more than 50 per cent from their peak in 2008, the company was a casualty of the financial crisis.
But Tamweel hopes this setback will soon be ancient history. This week, the company announced that it will again be offering home loans in Abu Dhabi and Dubai……………………………………….Full Article: Source

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


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