For banking is a business like any other customer, but in these days of grace seems to be borne by the lenders.

Yes, we can look around, but at the end of the day, they are all in the profits of fluctuations in interest rates ever. They also take risks to invest our money without our knowledge and we are not open to investment.

But with the mixture of cultures in each country these days is not unusual for another banking system to see in the game

Sharia, Shariah, the system of financing was placed by the Muslim community, in accordance with its strict laws on banking services in line with the Quran. Sharia covers all aspects of daily life of the Muslim community.

Banking and financial are detailed, personal finance Banking businesses. Working towards a common goal and loss account system makes this system very different from Western banks. This prevents the bank from the monopolization of the economy and it is less risky for the borrower.

In this way, the security of the borrower more, most companies succeed, more money borrowed, which makes the whole living system, and benefit all borrowers to lenders.

Sharia prohibits the collection and payment of interest. Because banks make money?

If a Muslim wants to use a loan to buy property, the bank makes buy and sell to the buyer for a profit, agreed between both parties. The result is unchanged and it is important that it is very clear on the agreement.

No additional fees may be applied to this loan, even if payments are late. is paid, but has bought the rights for the products remain on the bench until the entire loan.

The same principles apply to mortgages. The house is bought and resold by the bank agrees to a benefit to the buyer. Redemptions are paid in installments, but the management fees for late payment. However, a Muslim should deal with redemptions benefit.

Land and property on behalf of the minivan buyer from the start of the Convention for the Safety of the borrower, but stringent safeguards for the bank vraag beschermen you.

The measure of banking activity, an individual can borrow money interest free for its business. As with all loans for a profit agreed at the outset and is repayable in installments.

The borrower provides the labor, while the Bank funds and thus reflect the Islamic law of profit transfer contract with a party om the entire burden of assumption of risk / cost of failure.

Money can be lent to businesses, existing or new. She says she is not contrary to Islamic beliefs, such as selling alcohol or pork, or participate in any media industry in the gossip columns or pornography.

Business Banking is not free and there is no interest applied. The money is borrowed on variable rate loans. This means that the variable rate depends on the profitability of each company.

The earnings of banks on the loan is a certain percentage of company profits – the profit side of the Shariah. After initially agreed amount is repaid, the profit-sharing agreement ends.

Thus, money can be lent to businesses and individual companies whose repayment depends. Therefore, any company can afford to borrow.

Interest is not paid or picked up by Sun on current account overdrafts are not allowed. There is always the possibility (Hibah poison). It is a voluntary payment by a creditor or debtor in exchange for a loan. This is usually practiced in “Islamic finance”, but it is optional.