There’s $2 Trillion of money sitting in Islamic banks and there’s no interest being paid on it. Why on earth would people choose to put their money in banks that don’t pay interest? Well, it has to do with religion. Like judaism, Islam prohibits the paying of usury (interest) and so Islamic banks run in the traditional manner have other ways of making money and generating income from wealth. I like to learn about other cultures and I like to encourage others to do the same. We’re all expanding our knowledge of the world together.

In this video, we’re going to learn about Islamic banking and how these unique banking structures work in practice.