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Islamic interest-free banking:is it feasible in the Western world?

Date Submitted: 03/13/2004 16:25:50
Category: / Business & Economy / Economics
Length: 8 pages (2237 words)
"Need car finance for either a new or used car? We can accept people with or without previous credit problems. With rates as low as 6.9% APR (Annual percentage rate) there has never been a better time to use an Easy Loan to buy a holiday home, get a new car or simply pay off your existing debts," says an advertisement on the MSN website. Who doesn't need banking services? At different instances in our lives, …
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…p, 5c.<Tab/><http://search.epnet.com/direct.asp?an=7039504&db=aph> Taylor, Michael. F. "Islamic Banking- The feasibility of establishing an Islamic banking in the United States". American Business Law Journal. Winter 2003 v40 i2 p385 (32). University Of Minnesota Duluth. 6 May. 2004. <http://web1.infotrac.galegroup.com/itw/infomark/926/913/48331048w1/purl=rc1_EAIM_0_A106474469&dyn=4!xrn_10_0_A106474469?sw_aep=mnauduluth>
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