UIF meaning in Academic & Science ?

Academic & Science Miscellaneous in Academic & Science . 3 months ago

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What is University Islamic Financial mean?

UIF Corporation (UIF) is an American financial service company headquartered in Southfield, Michigan. It provides residential and commercial financing based on faith based principles for the religious minorities who for religious beliefs want to avoid paying or receiving fixed interest contracts. UIF, is the first faith based banking subsidiary run entirely on faith based principles and offers faith based commercial real-estate financing and home financing through their Partnership, Murabaha and Ijara programs.

UIF has received national media attention from NPR and The New York Times for its unique services. UIF’s faith based lending program has been highlighted in a speech of the Federal Reserve Bank of New York and in the official magazine of the Federal Reserve Bank of Richmond.

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Posted on 21 Sep 2024, this text provides information on Academic & Science related to Miscellaneous in Academic & Science. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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