From mid-2024, Islamic Bank Australia is set to offer Australia's 813,000 Muslims a banking service aligned with their religion's rules and conventions. Here's what it means.
Islamic banks must follow Sharia law, and as such take a different approach to traditional Australian banks. They don’t charge interest, and are much more selective about which activities they fund.
Australia Will Soon Have Its First Islamic Bank What Does This Mean, And What Are The Challenges? menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.