
Mortgage News
Resi looks at the Muslim market
Friday 16th of August 2002
Australia‘s Resi Mortgage Corporation is trialling a Koran-compliant home finance facility for the Islamic market and its New Zealand offshoot is likely to launch a similar product.
While the Koran’s Shariah law endorses the right to make profits from business, it forbids charging interest in commercial and personal financing arrangement...
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