Public joint-stock company "Sberbank Russia" started the program of an Islamic mortgage in two regions

Public joint-stock company "Sberbank Russia" started the program of an Islamic mortgage in two regions of Public joint-stock company "Sberbank Russia" (MOEX:SBER) started the pilot program "Mortgages of Murabakha" for norms of Sharia in Republic of Dagestan and Republic of Bashkortostan. Under the terms contracts cost real estates are specified with a margin by installments without payment of percent, the press service of companies reports. Photo: Koryakov Alexander, newspaper "Kommersant" In the Republic Republic of Bashkortostan it is possible to use "Murabakh's Mortgage" on primary and secondary housing, in Republic of Dagestan — only on primary. The Islamic mortgage is available from 300 thousand to 100 million rubles for up to 20 years with an initial contribution 30...