Comic-explainer: How does Islamic finance work?
- Written by Wes Mountain, Deputy Multimedia Editor
Wes Mountain/The Conversation, CC BY-ND
Interest fuels the financial world. The money sitting in your bank account accrues it, and the credit cards in your wallet charge it. If you ever want money quick, you’re going to being paying a decent amount of interest for having that money now rather than later.
But under Islamic law, interest is...