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.
GLOBAL CROWDFUNDER FOR BUSINESS REAL ESTATE AUSTRALIA UNITED KINGDOM CANADA INDONESIA SINGAPORE MALAYSIA JORDAN IRAN EGYPT DUBAI FOR STUDENT SAUDI-ARABIA LIBYA INDIA SAVING ACCOUNT ISLAMIC LAWYER FOR ACCIDENT BANK ACCOUNT BANK OVERDRAFT WITHOUT JOB NO PROOF INCOME US ISLAMIC LENDERS UK HALAL LENDERS CANADA ISLAMIC LENDERS AUSTRALIA HALAL LENDERS FOR OVER-INDEBTED ISLAMIC REVERSE MORTGAGE HALAL REVERSE ANNUITY FOR RETIRED PERSON ISLAMIC MICROFINANCE WELFARE LOAN PERSONAL LOAN NEW ZEALAND HALAL INVESTMENT MORTGAGE WITHOUT RIBA HALAL CAR LOAN CREDIT CARD NO RIBA RIBA FREE ACCOUNT LIFE INSURANCE WITHOUT RIBA LOAN COMPARISON LIST OF ISLAMIC BANKS FOR WOMEN ISLAMIC PAYDAY LOAN HALAL MOTORCYCLE LOAN HALAL PAWNBROKING