Thus, Al Rayan Bank’s factors promote people the high quality regulating user protection Islamic loans Frequently asked questions Islamic financial is similar to the standards from Sharia. A switch basis would be the fact they operates versus desire, which is not enabled from inside the Islam, since money by itself isn’t considered a product where you could finances. New Islamic bank operating system spends real trading factors backed which have real assets. Thus Islamic banking companies, like Al Rayan Financial, do not conduct business until he has a secured item to allow your order to-be achieved. How do we help you? Islamic banking companies also are maybe not allowed to fool around with economic instruments you to are derived from speculation, and this expose a top section of chance to a lender, plus the possessions and you may places of its customers. Following that it advantage-backed method, Al Rayan Bank, and you can Islamic financial overall, is not confronted by an identical threats since antique banking companies. For that reason the brand new Islamic financing community turned out to be an enthusiastic moral and you may durable replacement traditional banking following latest financial drama. Al Rayan Bank also provides defense […]