sharia banking is already in the USA. NONE of the banks want the normal people to know this. Charging interest (usury) is forbidden by *slamic and Jewish law. But only the *slamics have banks bowing down and kissing their a$$.
But the reality is that “interest free loans” are fake phony fraud, because an amount equivalent to the interest that humans would have paid is calculated, and added to the cost of the loan. So it is interest, but because it isn’t called that, it’s OK for the sharia crowd.
So, it’s like a discounted note?
For example, if the interest on a $1000 loan would have been $200, does the sharia borrower get $1000, but have to pay back $1200 at some future date?