@FishwickDavid some thought’s:

@     some idea’s:
1. your halal loan could bea sort of PFI. You give Tariq the money to buy the machine but it belongs to you and you therefore rent it to him at a rate that takes into account depreciation and the %% interest.At the end of the loan period, the machine belongs to him and can be vused as collateral against further loans.
2. The cost of living in Nigeria etc. is much lower than here. One would imagine that restrictions on opening a bank are not so severe. I would also imagine that our Government would have some difficulty in restrictiung a Nigerian bank that wanted to do business here.


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