| Fidelity Bank plans to introduce Shariah compliant products in Kenya to meet the needs of the Muslim community. The financial institution says it expects to unveil a wide range of banking services that comply with the principle of the Islamic Shariah law.
Islamic Finance is so far the fastest growing segment in the global financial industry with the ability to withstand international shocks such as the global financial crisis. "These range of services will be totally based on the principles of profit sharing and will conform to the principle forbidding earning or paying of interest on investments," the bank said..............................................Full Article: Source
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