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The emergence of Islamic banking makes it possible for Muslims to bank in accordance with their values.
No interest paid on account
No borrowing facilities
Cant go overdrawn as account is very restricted
Not restricted to Muslim people, however the same conditions applies
Totally agree, I wish I knew about these type of accounts years ago! Been saying to my husband, no credit cards or loans ever whilst he’s living here, not worth it.
Islamic Banking - HSBC
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