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Old 10-08-2004, 13:32   #10
neel2k
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Re: Islamic banking in the UK

Quote:
Originally Posted by Matth
So the bank can make money on a basis that sounds like HP, but cannot charge interest on a loan - sounds like pure hypocrisy in getting around their own rules, when they find them an inconvenience.
But the bank needs to make money somehow, if it doesnt charge then how can it afford to keep it's branches open and pay it's employees.
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