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I thought that paying and receiving interest was forbidden?
not paying and receiving interests... its called trading, you make a profit and you lose profit.... nothing to do with interest, its all a matter of terminology
Really good idea Prawn, will research Islamic Investment plans and report back. From my knowledge the middle-easterns are obsessed with investments. Will check UAE investment bank.
I thought that paying and receiving interest was forbidden?
Really good idea Prawn, will research Islamic Investment plans and report back. From my knowledge the middle-easterns are obsessed with investments. Will check UAE investment bank.
meant non-mortgage related kinda endowment policies... the kind of policy you take and pay loads of money each month with a gauranteed end sum after a specified term
OK we've discussed PMI, Dental, ISAs etc, now its Endowment turn. Anyone got endowment policies? any good? which? thinking of taking a couple of policies for me and the kids.
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