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NAB taps into Islamic finance market with sharia-compliant loans – Sydney Morning Herald
Australia – with a Muslim population of about 1.2 million – is beginning to open up to the Islamic finance market, estimated…
To meet with Islamic law requirements, finance needs to be structured as a lease where rent and service fees are paid instead of interest or some other kind of profit-sharing arrangement.
Islamic superannuation must not be invested in interest, alcohol,…
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