20.03.2009 - No 'significant' rise in mortgage defaults, says Tamweel
From Business24-7.ae: Islamic mortgage provider Tamweel has not seen any "significant" increase in number of defaults since the beginning of the year, but expects to get a clear picture by May, a senior executive said. "The number of defaults has not been significant. However, there has been some impact on us. We have to wait and see what happens by end of the first quarter. A clear picture will be available by May," he told Emirates Business on condition of anonymity......Full Article: Source
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