Credit Unions Online
Texas Credit Union to Run on Traditional Muslim Model
Thu, 2013-01-31 22:23 — newsdeskTexas-based Jafari No-Interest Credit Union, designed for Shia Muslims, will cover costs with fees instead of interest. The current blueprint is to charge members a $3 monthly fee while the credit union tries to keep costs down. However, additional fees may also be charged to members in order to cover operating expenses and build capital.
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