http://news.bbc.co.uk/1/hi/business/2525263.stm
"Friday, 29 November, 2002, 00:09 GMT Islamic mortgage shortfall Islamic mortgage providers could be 'coining' it in The Islamic mortgage market in the UK could be worth billions, a new report predicts. According to market researchers Datamonitor, demand for Islamic mortgages in the UK is so strong that gross advances could reach �4.5bn in 2006. Conventional mortgage products are not strictly suitable for the UK's 1.8 million strong Muslim population as they are not compatible with Sharia law. Under Sharia law, it is considered usury to pay or receive interest, and making products compliant is very expensive. A Bank of England working group is currently seeking to redress the problem." -- William T Goodall [EMAIL PROTECTED] http://www.wtgab.demon.co.uk/ _______________________________________________ http://www.mccmedia.com/mailman/listinfo/brin-l
