Regulation, Risk & Compliance
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UAE banks want home buyers to disclose source of money used for down payment
Homebuyers in the UAE are being asked by banks to reveal the source of income for the money that will be paid as down payment when buying a property, Emirates 24|7 can reveal. Two banks – a local Islamic bank and an international bank — have already implemented this rule….
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Click here to read the full story: Emirates 24/7