Farsideology: Interest and Islam
From WikiIslam
Interest and Islam
Having access to banking products which are Shari' a compliant is important for many people in the Kingdom and beyond. Source -- http://www.riyadbank.com.sa/English/CustArea/IslamicBanking/islamicbanking.html
However, if you look at their description of a savings account
How does the Riyad Bank Savings Account work for you? Savings Accounts will provide you the following features: Track your savings via our 3 free, electronic banking services. Access to information service on other bank investment, services and products. Transfer funds easily to and from your Savings Account. Receive periodic statement that details all account transactions and interest earned. Make deposits and withdrawals anytime during normal bank hours. We have two currency options for you to choose from: Saudi Riyals or American Dollars. Interest is computed daily and added at the end of the month.
Even in the heart 
of Islam interest on bank accounts is the standard.
All banks everywhere want 
From the Farside 
