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UK gets first Islamic bank

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or a mortgage!

Surely there has to be a catch though.



I don't know how it will work exactly here but in Iran YOU have to deposit money with the bank for a set amount of time after which you get the original money back plus X amount more. Despite being married to an Iranian lady I still don't know exactly how this sytem works, suffice it to say it works well enough for my inlaws to have nice cars and lovely homes.

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