Browse related articlesIslamic mortgage for UK Muslims
Bahrain: Monday, October 17 - 2005 at 09:25
ABC International Bank, the UK-based subsidiary of Bahrain-based Arab Banking Corporation, and Bristol and West, part of the Bank of Ireland Group, have introduced a new Islamic mortgage product called Buy-to-Let for the UK's more than two million Muslim residents, according to Arab News. The mortgage is structured under the diminishing Musharaka contract, which involves co-ownership and a rental mechanism.
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James McInerney, News EditorMonday, October 17 - 2005 at 09:25 UAE local time (GMT+4)
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This Article was updated on Saturday, June 09 - 2007
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