The matter is, Islamic banking and finance follows the Sharia law that forbids riba — or usury — unjust exploitative gains made in trade or business. This is why commission fees and interest on loans or investments into businesses selling commodities or services are considered to be against the Islamic law and therefore, haram (forbidden in Arabic).

The Bankcoin Reserve Coin patented innovation solves all the problems of the modern financial and banking sector that isn’t in line with Sharia finance, spearheading the transition of Islamic banking to the 21st century with blockchain!

To learn more about how Bankcoin Reserve Coin complies with Sharia law, visit our website at https://bankcoinreserve.io.