Brit is right. The modern concept of banking business is mainly cantered around the lending of money as a means to making profit hence borrowers have to pay interest for the loans which is profit for the banks.
That said. The so called Islamic banking system is just re-branding the Western concept of banking to lure the ignorant and the ultra-religious customers.
Brit is right. The modern concept of banking business is mainly cantered around the lending of money as a means to making profit hence borrowers have to pay interest for the loans which is profit for the banks.
That said. The so called Islamic banking system is just re-branding the Western concept of banking to lure the ignorant and the ultra-religious customers.