| 1. | INTEREST ON DEPOSITS : Islamic banks pay no interest on deposits.
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| 2. | INTEREST ON DEPOSITS : Islamic banks pay no interest on deposits.
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| 3. | Such a step encourages other banks to reduce interest on deposits and loans.
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| 4. | Charging interest on loans and paying interest on deposits became more highly developed and competitive.
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| 5. | Although they pay higher interests on deposits, they are susceptible to rapid and widespread withdrawals.
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| 6. | This allows providers to earn interest on the asset and hence to pay out interest on deposits.
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| 7. | As a result, Islamic banks do not pay any interest on deposits or charge interest for loans.
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| 8. | Banks buy securities such as U . S . Treasury bills as a means of earning interest on deposits.
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| 9. | About $ 15 billion has been raised, including interest on deposits, with about $ 6 billion having been spent.
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| 10. | But it very quickly became clear that'outsider'savers were needed whose motive was profit through interest on deposits.
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