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Concord's growing presence in the Middle East and other countries with a majority of Muslim investors has led to the development of new currency contracts which are based on the Islamic principle of Sharia.
Concord has pioneered the development of certain Islamic-friendly contracts which do not invest in conventional financial services because interest, the basis of Western banking, is regarded by Muslims as usury. Investing in industries with links to alcohol, gambling, tobacco, weapons or pork-related products amongst others are also banned.
Concord's i-contracts adhere to those basic principles of Sharia law and offer an attractive alternative to trading with Western style banking contracts.
If you would like more information on our i-Contracts, please use the form below or send us an Email at: i-contracts@concordinvest.com
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