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Indian firm gets court nod for Islamic banking concept

February 3rd, 2011 - 5:57 pm ICT by IANS
By Sanu George Kochi, Feb 3 (IANS) The Kerala High Court Thursday gave the green signal to a company registered under the tenets of sharia to start operating a financial institution based ... Read more...

Posted in Business |

Islamic mortgage system introduced for Muslims in Canada

May 7th, 2010 - 3:25 pm ICT by IANS
Toronto, May 7 (IANS) At a time when failed mortgages have led to collapse of major banks and foreclosure of millions of homes in the US, a credit union in Canada has ... Read more...

Posted in Business |