Religion & Ethics NewsWeekly

Islamic Financing

  • Posted: 2/8/2013
    • Length: 09:20
    • Plays: ???
Synopsis >

Amid all the losses in the banking and housing worlds, there is one conspicuous exception. It s the Islamic practice of doing business without charging or paying interest on a loan. Throughout the recession so far, Islamic financing has been growing at 10 to 15 percent a year.

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