Sharia-compliant Mastercard launch

UK Press
August 11, 2008

http://www.islamist-watch.org/770/sharia-compliant-mastercard-launch

Excerpt:

The UK's first sharia-compliant prepaid MasterCard has been launched.

The Cordoba Gold MasterCard does not charge or receive interest as this is in direct conflict with sharia Law.

The company also donates at least 10% of its profits to registered charities in the UK and abroad.

A company spokesman said: "Because this is a prepaid card, the customer pays no interest on their balance. The difference with this card is that Cordoba Financial Group does not earn any interest on the balance either.

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