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The Sharia Law is against interest rates.

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The Sharia Law is against interest rates.

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Both religions are against borrowing money

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Both religions are against borrowing money

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The Islamic bank of Britain offers a Sharia compliment current account, mortgage and even personal loans.

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Islamic banks do business based on contracts that abide sharia law such as sale contracts, leasing contracts, or partnership contracts. For example, if there is a vehicle that costs £5000, the bank will buy it for £5000 and charge the customer £6000

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Islamic banks do business based on contracts that abide sharia law such as sale contracts, leasing contracts, or partnership contracts. For example, if there is a vehicle that costs £5000, the bank will buy it for £5000 and charge the customer £6000

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Charging interest is classed in the Book of Ezekiel as being among the worst sins, and is forbidden according to Jewish law.

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Charging interest is classed in the Book of Ezekiel as being among the worst sins, and is forbidden according to Jewish law.

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Standard Chartered, United Kingdom

HSBC, United Kingdom

Rosette Merchant Bank, United Kingdom

Barclays Capital, United Kingdom

Royal Bank of Scotland, United Kingdom

Gatehouse Bank, United Kingdom

QIB UK, United Kingdom

Islamic Bank of Britain, United Kingdom

European Islamic Investment Bank (EIIB), United Kingdom

Bank of London and the Middle East (BLME), United Kingdom

Lloyds Bank, United Kingdom

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Musharaka is a joint venture in which the customer and bank contribute to the capital of the operation and agree to share the returns (as well as the risks) in proportions agreed to in advance.

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Musharaka is a joint venture in which the customer and bank contribute to the capital of the operation and agree to share the returns (as well as the risks) in proportions agreed to in advance.

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Islamic banking provides services in accordance with Sharia beliefs

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Islamic banking provides services in accordance with Sharia beliefs

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The Jewish religion is a lot more flexible than the religion of Islam and you will often see Jewish people using British banking.

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The Jewish religion is a lot more flexible than the religion of Islam and you will often see Jewish people using British banking.

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What can we learn from the article about impact of religion  on money?

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What can we learn from the article about impact of religion  on money?

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Muslims are not allowed to charge or receive interest

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Muslims are not allowed to charge or receive interest

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Barclays Bank offer services for Islamic Banking

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Barclays Bank offer services for Islamic Banking