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 any recommendations as well as why you are satisfied with the services of the bank you are recommending.

Thanks everyone!

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Banking


I know that Sharia forbids interest. However, I am unclear as to how an Islamic bank actually makes money. Thanks!

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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 Sharia Compliant desirable for both the government and people?
Why people (Muslims and Non Muslims) are willing to be interested in Islamic Banking Services instead of the conventional ones?

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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.

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