Saturday, May 5th, 2007
Another great article from Soundvision.com:
I think the first person who introduced the idea of credit cards to me was Wilma Flintstone of the kids' cartoon The Flintstones.
She and her friend Betty Rubble would occasionally, holding small semi-rectangular cards, announce in unison "Charge!", then set off for the shopping mall to ...
Posted in Credit Cards, Islamic Banking Fundamentals | No Comments »
Sunday, April 1st, 2007
What is an Islamic Credit Card?
One of the latest banking products offered by Islamic institutions, is the Islamic credit card. Using the principles of Al Bai Bithaman Ajil (deferred payment sale), the bank issues an interest-free and penalty free credit card. As goods are purchased using this credit card, the ...
Posted in Credit Cards | No Comments »