Saudi Arabia Sharia Sharia Finance

SAUDI DAIRY COMPANY SPENDS BIG MONEY ON ARGENTINA FARMS, PLANS TO USE SHARIA COMPLIANT BANKING TO ARRANGE THE DEAL…….

 

Every time a western company and banks engage with this tomfoolery, it’s one more knot in the rope that’ll be used to hang them with. KGS

Saudi dairy giant spends $83M on Argentina farms

It expects to pay for the deal using in-house cash and loans based on Islamic principles, which generally prohibit the paying of interest.

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