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Sharia Compliant Mortgages Eye Niche Market

Fri, 2011-05-06 07:09 — newsdesk

As a result of Sharia compliant banking services spreading over the country, the banks are bringing flexible mortgage schemes in in order to back real estate projects.
Sharia principles prohibit charging interests or investing in businesses that provide goods or services considered contrary to its teachings.

Source: 

http://allafrica.com/stories/201105050072.html