| Lloyds bank - free overdrafts on their Islamic Accounts 14:42 - Apr 29 with 3881 views | Le_Swans |
The “Sharia-approved” Islamic accounts were set up by the high street bank to appeal to Muslim customers who are not allowed to receive or pay interest under Sharia law.
http://www.independent.co.uk/news/uk/home-news/lloyds-bank-removes-overdraft-fee
So basically, it would make sense to switch to that account if you tend to get overdrawn. What a load of rubbish. |  | | |  |
| Lloyds bank - free overdrafts on their Islamic Accounts on 05:52 - Apr 30 with 3734 views | Glyn1 |
But you are also not paid any interest on your current account if it is in credit, which more and more High Street banks are now offering. Swings and roundabouts.
If you're worried for Lloyds Bank losing money over this, then that's nice of you but I bet they're still making a profit on the deal. |  |
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| Lloyds bank - free overdrafts on their Islamic Accounts on 07:57 - Apr 30 with 3700 views | epaul |
Oh my god! Run for your lives, take your women and children, they're going to take over the world.
I relly can't see what the fuss is all about. Has the Daily Fail expressed it's outrage at this yet? |  |
| The hair and the beard have gone I am now conforming to society, tis a sad day
The b*stards are coming back though |
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| Lloyds bank - free overdrafts on their Islamic Accounts on 09:40 - Apr 30 with 3639 views | jacksinceever |
Lloyds Tsb set these up several years ago, so there is nothing new. |  | | |
| Lloyds bank - free overdrafts on their Islamic Accounts on 09:49 - Apr 30 with 3627 views | pansypants |
F uck the banks!!! |  |
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| Lloyds bank - free overdrafts on their Islamic Accounts on 10:16 - Apr 30 with 3611 views | epaul |
| Lloyds bank - free overdrafts on their Islamic Accounts on 09:49 - Apr 30 by pansypants |
F uck the banks!!! |
Spot on, I fully concur | |
| The hair and the beard have gone I am now conforming to society, tis a sad day
The b*stards are coming back though |
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| Lloyds bank - free overdrafts on their Islamic Accounts on 13:23 - Apr 30 with 3547 views | Shaky |
| Lloyds bank - free overdrafts on their Islamic Accounts on 09:49 - Apr 30 by pansypants |
F uck the banks!!! |
Hmmm. In the case of Lloyds, that would imply we go f*ck ourselves since tax payers are the majority shareholders.
FWIW, in the world of investment management, funds and investment products managed according to Islamic criteria have been perhaps the hottest growth area over the past 5-10 years.
Lloyds have clearing been listening, albeit perhaps with something of a delayed echo. |  |
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