27.06.2011 - Australia: Interest-free loans for struggling Muslims
A state Islamic organisation is offering interest-free loans to low-income Muslims who otherwise can't borrow money because of religious reasons. Charging or paying interest for loans is banned under Islam, but many Muslims are taking advantage of a growing Islamic finance industry. Dandenong postgraduate student Ali Alyassiry, who has two children, borrowed $1000 under a new scheme offered by the Islamic Council of Victoria...............................................Full Article: Source
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