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| ISLAMIC
CHILD TRUST FUND ACCOUNT LAUNCHED |
 The
Children's Mutual, the UK's only provider
specialising in savings for children, has
today launched the first Child Trust Fund
(CTF) account that is compliant with the Shariah.
The account, which is scheduled to go live
in September 2005, will be an actively managed
Global Equity Fund fully compliant with the
Shariah and supervised by a Board of Scholars.
read
more |
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| WESTERN
UNION LAUNCHES NEW LOYALTY CARD |
 Bollywood
actor, Dalip Tahil, launched the Western Union
Loyalty Card today in a special ribbon-cutting
ceremony. Called the Western Union Card, it
offers rewards to its loyal customers. Those
who send money with the Western Union Card
will be able to earn points that can be exchanged
for discounts on future transactions.
read
more |
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| LLOYDS
TSB & ICICI BANK LAUNCH RUPEE MORTGAGES |
 Britain's
one million strong Indian community will benefit
from a new banking service launched today
by Lloyds TSB. The bank has joined forces
with India's second largest bank, ICICI Bank,
to offer customers free money transfers between
India and the UK, as well as access to a Rupee
mortgage for Indian property purchases.
read
more |
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| LLOYDS
TSB MOVES INTO ISLAMIC HOME FINANCE |
 Lloyds
TSB has launched an Islamic Mortgage to help
Britain's Muslims purchase their own homes.
Many Muslims currently take a traditional,
interest based mortgage or choose not to buy
their own homes for religious reasons. The
new Home Finance Option complies with Islamic
(Shariah) law.
read
more |
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| MORTGAGES
EXPLAINED |
 You
might think there's nothing simpler than buying
a house - you find a place to call home, borrow
the money to pay for it and then move in.
Well, that's the theory anyway. Unfortunately,
the reality can be a bit more complicated.
Some of the problems lie in getting the right
mortgage for your needs.
read more |
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| LLOYDS
TSB LAUNCHES ISLAMIC CURRENT ACCOUNT |
 Lloyds
TSB has launched an Islamic current account,
to help cater for the banking needs of Britain's
two million Muslims. This is the first step
towards offering a dedicated range of Islamic
financial services to Muslims who currently
use conventional current accounts or opt out
of traditional banking services altogether.
The account complies with Islamic law.
read
more |
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