Chase pays less than 1 percent for yen, which it re-lends at interest rates two or three times higher.
2.
For the simple reason, financial institutions in that situation have too much cash to lend and cannot lend at interest margins to earn substantial profits.
3.
Dubai Islamic will not invest in stock on grounds that most stock corporations borrow and lend at interest, said Tamir Ansari, adviser to the bank's chairman.
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