Financial

UM Financial Group is Canada's premier Islamic financial institution, serving Canada's growing 1 million-strong Muslim population. UM Financial Group currently offers Islamic financing.

Toronto, Canada (prHWY.com) June 22, 2012 - UM Financial founder Omar Kalair received lots of feedback, positive and negative, in response tohis
inclusion in our challenge. The very week that the CBC sitcom Little Mosque on the Prairie debuted.

Kalair - who is himself building bridges between the Muslim community and the mainstream, enabling
Muslims to get financing to buy their own homes - received "some angry emails" from "some elements
our (Muslim) community who think it's wrong to deal with banks in any way."
It hasn't been easy for Kalair, who is trying to address the needs of Muslims struggling to buy houses, yet are prohibited by their religion
from getting standard loans or mortgages in which interest is charged.

After approaching 70 financial institutions, Kalair finally found a sympathetic
audience in Jens Lohmueller at Credit Union Central of
Ontario. Next week, we're meeting with Lohmueller to find out how he was able to design innovative
financial products in collaboration with UM Financial.

Speaking of Little Mosque, Kalair has seized the
opportunity of "securing an ad on the series for the Ontario market." Good for him. Little Mosque
attracted more than 2 million viewers and is the top rated CBC sitcom launched in many years.

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Categories: Finance

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UM Financial Group
789 Don Mills Road
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Toronto, Ontario

M3C1T5, Canada



+14164244100
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