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Footballer takes a stand against payday lending?

Written by Searching Finance Saturday, 08 June 2013 15:04
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From The Daily Mail

 

The controversy surrounding Newcastle’s new shirt sponsor has taken a new twist with star striker Papiss Cisse set to refuse to wear the kit bearing Wonga.com.

 

The Senegalese striker is a practicing Muslim and has protested to club officials on religious and ethical grounds about the pay-day loan company's deal.

 

Under Sharia law, Muslims must not benefit from either lending money or receiving money from another person - meaning that interest is prohibited. Interest is not paid on Islamic bank accounts or added to mortgages.

 

For the full story goto:
 

http://www.dailymail.co.uk/sport/football/article-2337828/Papiss-Cisse-refuse-wear-Newcastle-shirt-Wonga-sponsorship.html

 

For an analysis of payday lending click here

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