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Daimler Provides Sharia-Compliant Loans To Mid East Buyers

Daimler Provides Sharia-Compliant Loans To Mid East Buyers

When Westerners think of Sharia -- the strict code of Islamic law -- we tend to think of...unpleasantness. Stonings, beheadings: that sort of thing. However, Sharia also covers financial issues, including lending practices. Specifically, Sharia prohibits the charging of interest on loans. That's...

October 16, 2009 by  10
 
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