Expression of interest.

AuthorMcIntyre, A.D.
PositionLetters - Letter to the editor

The compilers of CIMA's certificate in Islamic finance (Technical matters, September) will have to be deft to explain how the "mark-up" added to an Islamic housing loan is anything but front-loaded interest.

Also. unless this mark-up is at the going interest rate. investors in the institutional lenders...

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