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Religion & Law

: Constitutionally Correct

Banks step up Ramadan marketing campaigns to spur growth: Islamic finance

By Alliance Alert

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Bloomberg: "Emirates NBD PJSC of Dubai is waiving payments on personal loans for the holy month of Ramadan. Maybank Islamic Bhd. in Kuala Lumpur started automating charitable donations. Jakarta-based PT Bank Syariah Mandiri sponsors a television slot teaching Islamic banking. Marketing campaigns aimed at reminding the world?s 1.6 billion Muslims to follow the teachings of Prophet Muhammad that ban receiving interest have increased as the global economy recovers this year, according to the Pan Arab Research Center in Dubai."

Full post as published by Constitutionally Correct on August 31, 2010 (boomark / email).

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