JAK: An interest-free Bank

JAK: A non-Muslim Bank with a Muslim Philosophy I came across this interest free Swedish customer-owned Bank called JAK (Jord Arbete Kapital).  Working on the principle of “Not-for-Profit banking”, it neither pays any interest on savings nor charges any on borrowings – a principle it shares with Islamic Banking. JAK Continue Reading

Riyadh Saudi Arabia (Dec 2010)

If Makkah & Madina are the spiritual centres then Riyadh is the political & commercial centre of the Kingdom of Saudi Arabia. Ultimately it is the home & power base of the Royal Saudi family and Wahabi mazhab (religion). Riyadh is the capital & largest city of Saudi Arabia with about Continue Reading