Shari’ah compliant

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Safaricom Launches Shari’ah-Compliant Mobile Loans

Safaricom Launches Shari’ah-Compliant Mobile Loans

Safaricom has partnered with Gulf African Bank to launch a Shari’ah-compliant mobile financial service, Helal Pesa, in Kenya. According to Tech Weez, the product is the first Shari’ah-compliant mobile and digital solution in the East African country. Customers accessing financing through the service will receive the amount requested in full with a repayment period of…