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In 2014, Lloyds launched the 'Islamic Account', a current account aimed at Muslims and which it stated was compliant with Sharia law – namely, the prohibition of credit or debit interest. Critics of the new policy stated that the account amounted to religious discrimination , as users of the Sharia-compliant account would not incur interest ...
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These accounts don't typically offer check-writing privileges or debit cards, though you can find limited checking with a high-yield money market account. Saving accounts earn you interest on your ...
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