Saturday, June 10, 2006

IBB launches house-financing product

Islamic Bank of Britain launched its 'own' home-financing product yesterday.

It was expected from them as the leading Islamic retail bank that this product would be signifanctly unique or at least an in-house facility. However, the financiers for this product are al-Buraq (subsidiary of ABC International Bank plc) and Bristol & West plc. Virtually the same package as offered by Lloyds TSB.

Not much of an 'own' product then. And sadly, not another real option for home-buyers.

6 Comments:

Blogger deepak said...

nice post financial adviser

8:09 am  
Blogger freda said...

Thank you for your nice post.I read your article about "IBB launches house-financing product".its really very interesting article.I have visited many blogs.but yours is the best..

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5:48 am  
Blogger shoeb said...

Islamic Home Finance has been available in the US and Canada for some time now, check out www.ijaraloans.com

4:52 pm  
Blogger cottasofia said...

I read your article. It is really very interesting article.Thanks for your thoughts. I could agree more with your post. The IBB house financing product available in Canada.

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10:46 am  
Blogger Sherri Wells said...

so good Whilst IBB offers products and services that are designed in accordance with Sharia ... Islamic Bank of Britain launches new home finance deals with its.
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11:47 am  
Blogger scott grin said...

The vey attractive blog. Like to read the whole, it is very effective and compeling home financing

5:23 am  

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