Basically it means that no banks can charge interest or give interest which is the main income of banks .
You may ask why ? Because these kekes believe it's Haram and it should not be practiced at any cost
The banks have to survive on other commission / fees type charges and therefore they don't survive there
And now these fucking kekes also believe to not to take any insurance policies and policies which includes charging or gaining any interest . Also in some of the select industries
Also to note here is these banks would go at any cost to earn money by winning over these kekes
Do you know any of such bizarre concepts that no one or very few know of ?
Islamic banking !!!
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Don't post here ever again.
I knew about this but I doubt it's actually practiced or enforced
There is another one, there are no loans so no debt at all, or even money, and you just allocate what you have.
Please post here again
Is this how Syrian banking currently operates?
There is nothing Islamic about these ideas.
this.
christianity christianity also out lawed usury; its where the muslims got the idea
Don't be retarded. Banks over 'halal' loans which are just lawyerly ways around the prohibition