Posted by: islamicfinancingnews | March 2, 2012

Islamic Finance Getting Big in Ireland

The tenets of Sharia complaint Islamic finance loans is picking up speed globally and one of the latest countries where this is becoming apparent is Ireland according to recent reports. The Irish Independent newspaper reported recently that European country is wooing Islamic banking in the hopes of becoming a European hub for this new booming financial platform.

Enda Kenny, the Irish Prime Minister, told the Irish Funds Industry Association (IFIA) annual conference that there were many similarities between the Islamic finance system and the Irish model. In fact he even noted Sharia compliant financial regulations in that country were the new model. 

Islamic finance is becoming more and more popular in all corners of the globe and North American Muslims who want to find an Islamic loan free of Riba can find that by following the links back to the parent website of this blog.

Remember that you need to consider some of the more traditionally North American criteria when you’re looking for the right home as well and having a home inspection done is a good first step to seeing how structurally sound the property really is.

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