31.03.2011 - Sharjah Islamic Bank launches new zero profit Umrah financing service
Sharjah Islamic Bank (SIB) has launched a new zero profit Umrah financing service, following the success of the first phase zero profit ijara finance product service during Hajj season last year. The move is the first of its kind in the UAE and the Gulf Cooperation Council for Arab States. The new innovative service will enable many to perform Umrah rituals through payment of installments for one year without profit or additional costs.............................................Full Article: Source
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