No Wonder There Aren't Many Islamic Banks
In an effort to bolster growth in the Islamic financial sector, Muslim bankers want to set up a global Islamic bank.
I would love to get a loan from this bank, but I'm afraid it won't be in business very long.
"Officials have said the bank will operate in keeping with Islamic laws, which means no interest would be paid or charged on deposits and loans."
I would love to get a loan from this bank, but I'm afraid it won't be in business very long.
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