BANK ACCOUNT WITHOUT RIBA

BANK ACCOUNT WITHOUT RIBA 2024

OPEN AN ISLAMIC ACCOUNT WITHOUT RIBA BANK ACCOUNT WITHOUT RIBA ETHICAL HALAL ACCOUNT 2024

A bank account without Riba is defined as a halal money deposit banking service that does not use interest (Riba or usury) to remunerate the Muslim account holder in a bank where he or she places his money with in an ethical framework.

The bank account without Riba allows the holder of a deposit of money that is often the result of savings to be sure that the financial institution that manages his or her money is investing the cash in projects that respect Islamic Sharia law.

Opening a bank account without Riba even online is a moral alternative for any Muslim who will be certain that their money will not finance projects contrary to Islamic finance such as speculative financial operations and sectors prohibited by Islam.

The Riba-free or interest-free account does not mean that it is not remunerated by the Islamic bank, the holder of this bank account will receive profits that the organization generates in investments that comply with Islamic Sharia.