Showing posts with label banque populaire group caisse d'epargne. Show all posts
Showing posts with label banque populaire group caisse d'epargne. Show all posts

Tuesday, January 10, 2012

FRANCE - Islamic banking arriving in France in 2012

repandre.com - Islam strictly forbids usury, speculation but also the chance.

Therefore, to stay in the Islamic legitimacy, financial offices have implemented regulations compatible with the Mudaraba or Musharaka among others. The Islamic bank can then sell or lease the benefits it has in the past picked up, it takes the form of means of leasing and hire purchase. The person may pay to the other, for example through the construction of apartments (source)