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SIB launches UAE's first zero per cent profit Hajj financing service

Mon, 2010-10-25 13:29 — newsdesk

Sharjah Islamic Bank (SIB) has announced the launch of zero per cent profit financing service for Hajj under the theme "Perform Hajj this year and pay it off over the year with no profit".
The service, the first-of-its-kind to be offered by an Islamic bank in the UAE, will enable a lot of people to perform Hajj and pay back the cost via easy and affordable monthly instalments for one year without any profit, fees or extra costs.

Source: 

http://www.cpifinancial.net/v2/News.aspx?v=1&aid=6350&sec=Islamic%20Finance