08.07.2009 - Canadian firm offering prepaid card aimed at Muslims
From Cutimes.com: A Canadian firm, UM Financial Inc., has begun offering a prepaid card aimed at Muslims who wish to have the convenience of a credit card but refrain from paying any interest. Islamic religious law forbids the paying or earning of interest. "Credit card debt can be lethal for the financial stability of ordinary individuals and families, said Omar Kalair, CEO of UM Financial Group........Full Article: Source
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