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Badr Al-Islami launches new product

Saudi Gazette, December 10, 2006

The recently launched, Badr Al-Islami, announced the launch of a new Shariah-compliant product which avails financing services for it customers who wish to trade in shares listed in Dubai and Abu Dhabi stock exchanges.

Badr Al-Islami managed to secure approval of its Shariah Board for this innovative product, which is the first of its kind in the UAE. 

The team of experts in Islamic financing in Badr made great efforts to introduce this service, making it easy for investors to use and benefit from. All the procedures were fully approval by the Shariah Board on all the details of the product.