Parliament makes MPs, senators car, house loans Sharia-compliant

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Parliament buildings in Nairobi. FILE PHOTO | NMG

MPs’ mortgage and car loans have been made Sharia-compliant to allow over 55 lawmakers to tap into the subsidised credit.

The Parliamentary Service Commission (PSC) has amended rules governing mortgage and car loans to allow 42 MPs and 13 Senators who are Muslims to secure the cheap loans in line with Islamic banking requirements.

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