RE: The First Islamic Bank to Use Blockchain Technology

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The First Islamic Bank to Use Blockchain Technology

in blockchain •  8 years ago 

I wonder how these Islamic banks work, isn't usury or interests forbidden by the Koran? And if they charge no interest how do banks make money?

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8 years ago by

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      ·  8 years ago 

    I think that when you borrow money you agree to return bigger sum.

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      ·  8 years ago 

    That would be very strange if true.

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