Banking
I have been banking with SunTrust for years, but have recently found myself incredibly dissatisfied with their customer service, or lack thereof rather. I would like to switch my checking account to a different banking insitution but am not sure what the best options are. I would greatly appreciate [...]
Filed under: Religion & Spirituality | 5 Comments »
Banking
I know that Sharia forbids interest. However, I am unclear as to how an Islamic bank actually makes money. Thanks!
Filed under: Religion & Spirituality | 6 Comments »
Banking
1- Why people (Muslims and Muslims) are willing to be interested in Islamic Banking Services instead of the conventional ones?
2- And why is it important for Non Muslim countries to comply to the Sharia’a Law, if it has already a good banking or financial system?
3- How countries should rally and work together to make the [...]
Filed under: Religion & Spirituality | 1 Comment »
Banking
In the West, charging interest is a fundamental part of banking. As I understand it, you’re not allowed to charge interest under the faith. Would one be breaking the rules of charging interest if one invested in a Western bank.
Filed under: Religion & Spirituality | 6 Comments »