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Great Britain s first Kfz liability Islamic you a comment leave points of the Essenz: Newest players Halaal Salam is a pioneer Islamic motor vehicle insurance in Great Britain. Ride on the Takaful concept, the customers can now enjoy the protection of their vehicles and at the same time discounts on their far premiums. Everything without unethisch elements as in the conventional insurance. Islamonlinenet has the report. Cairo - in London resident company has Islamic insurance hit UK roads with auto loan Port St Joe Shari ah-conformal product motor vehicle insurance, those pulled to Muslims immediately and non--Muslims for their ethical character. It was a large interest, Kaye Pimblett, motor vehicle insurance manager on the price comparison Moneysupermarket.com website, said The Independent on Sunday, 15 February. During the first seven days, at Moneysupermarket.com, Salaam Halal again more than 37,000 quotations, added her. And if it offer, it in the first

three positions on more than one third of the causes. It SA transparent procedure Obama to take appeal on economic plans to US public - Dallas Morning News and the possibility, somewhat back is attractive for the customers, who determine both Muslims and non--Muslims, fire on CROSSes said. Salaam Halal insurance has the new Kfz politics by Moneysupermarket.com and their own website. The new product is based on the Takaful principle for dividing after that all participants equally risk and the most important functions in connection with the conventional insurance, those with Shari ah. In place of premiums, the persons, the one policy, with Salaam Halal of auto loan Port St Joe contributions in a pool and the money then ah-conformal plants become in Shari. The central pool of the means is for the payment of requirements, itself, and at the end of the yearly, if the pool

are over+financed, the surplus becomes again to the insurants by a discount on their next premium. But if demands outweigh contributions, shareholders pay over demands and them again their money in times the profit. The Islam forbids to Muslims from usury, to received Burris Comes To Town Amid Controversy - MSNBC or to paying interest for loans. Islamic banks and financial establishment ions cannot receive or the means for everything which with alcohol, gambling, Pornografie, tobacco, weapons or pork. The ethical new product became a large welcome on British Muslims, the longing after the insurance product, that in conformity with its faith. Salaam Halal motor vehicle insurance appealed to me, there it to competitive prices, but above all, it s with the Muslim faith, of one never before, said Hassan auto loan Port St Joe Ahmed, a Muslim customer. Great Britain is the homeland of a large Muslim

minority of nearly two million. Salaam Halal Insurance, Great Britain first Shari ah-conformal insurers, became in past July to offer measures in conformity with the Muslim faith. The enterprises also plans understood in developing for introduction Home insurance briefly. The ethical kind of the Salaam Halal product has itself as appeal to non--Muslims also. Which is singular the ethical nature of what we do, Bradley Take over banks? Idea has currency - New York Daily News fire on CROSS, the Chief Executive of Salaam Halal Insurance, said The Independent. It SA transparent procedure and the possibility, somewhat back is attractive for the customers, the two Muslims and non--Muslims. Emile Abu Shakra, a speaker of the Lloyds bank, said, the new attraction product is part of the popularity of the Islamic Finance services. Although as market UK Islamic Finance is in the children's shoes is, s is still on

to large enterprises, determines, Abu Shakra, the auto loan Port St Joe bank is a pioneer in the Islamic Finance in the united kingdom. We offer current and Islamic commercial record keeping, to you Hypotheken-und unit trust fund, added them. We tests these in only five branches in the year 2005 however that fast on all 2000 for the following year. In the last years in London has itself as turntable for Islamic Finance. There is four licensed wholesale Islamic banks - the only one, those in the European union - Wellesley girl found in stream later dies - Boston Globe in Great Britain. There are also 21 conventional banks Islamic of Banking products, the newest, from those is Gatehouse, which received the license, in April. Source: www.islamonline.net written of Suapi Shaffaii 16 February 2009 with 10:43