Free Republic 4th Qtr 2025 Fundraising Target: $81,000 Receipts & Pledges to-date: $69,091
85%  
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Keyword: kuwaitislamicbank

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  • Kuwait Islamic Bank Successfully Imposes Shariah in the USA, Courtesy of UDR

    08/17/2009 8:06:54 PM PDT · by Sammy67 · 3 replies · 697+ views
    shariahfinancewatch ^ | 8/17/09 | shariahfinancewatch
    Earlier today, we posted a link to an article which mentioned that Kuwait Islamic Bank had entered into a joint venture with Colorado-based real estate company UDR: We were curious as to what, if any, restrictions were to be imposed on the real estate properties in which Kuwait Islamic Bank invested here in the United States, so we made an inquiry via UDR’s “contact us” form on the company’s web site. The company was quick to reply as, within minutes, we received a phone call from Dave Messenger, CFO of UDR. I asked Mr. Messenger two questions: 1. What, if...