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This is silly jokes! Where is the fundings going to be coming from? Are they going to use customers runnable deposits to grant loan or there are interest free moneys from markets only known to you?
Please clear one miscon ...
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You forgot to mention how these NIBF organizations make any returns, besides no interest charged, for their sustainability. Please educate us!
Prof. in this type of Banking called Islamic banking, references are made to profits. Where does the profit come from if it is purely non-interest? why is "need" a key concept in Islamic banking? Please don't forget about col ...
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Prof. in this type of Banking called Islamic banking, references are made to profits. Where does the profit come from if it is purely non-interest? why is "need" a key concept in Islamic banking? Please don't forget about col ...
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Islamic banking is a JOKE.
Go to Dubai and Saudi Arabia...they charge interest and call it profit.
They same thing but they call it by a different name