Much of the world of Shariah-compliance is made up of smoke and mirrors, concoctions pieced together to work around Shariah prohibitions against interest and the like. The UAE central bank has greatly aided the financial jihad with the development of a short-term lending instrument that it claims is Shariah-compliant…

http://www.thenational.ae/business/banking/central-bank-of-uae-launches-shariah-compliant-short-term-lending-service

 

 

 

Comments are closed.

Looking for something?

Use the form below to search the site:


Still not finding what you're looking for? Drop a comment on a post or contact us so we can take care of it!