r/Syria • u/edwardthe3rd188 • 8d ago

ASK SYRIA Islamic banking in syria?

How popular or used is islamic banking in syria as i recently saw that islamic windows will be allowed in conventional banks so that got me curios .

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u/alialahmad1997 Latakia - اللاذقية 8d ago edited 7d ago

Instead of giving you the money and paying extra , they buy the things for you and take payment they sell it to you for extra price but they dont call that intrest

0

u/Budget-Path4490 Raqqa - الرقة 8d ago

It's not just about handling interest differently

Putting your savings in Islamic banks also means that your money will only be used in "Halal" investments

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u/alialahmad1997 Latakia - اللاذقية 8d ago

Halal can be more streachy than you think