Analysis of the JAK interest free loan model

Gassner's picture

Dear Readers,

aside from Islamic banks there is another model in practice for more than 20 years avoiding the topic of interest. I usually cite it in my seminars to show that even interest free loans can exist along a banking model. Years ago, an in depht analysis was published online:

In the meantime interested groups can seek assistance to set it up by:

And also JAK offers courses and backgrounds for international interested groups from abroad in their first newsletter:

Addendum: A master thesis about JAK Medlemsbank can be downloaded here:

Enjoy reading and take it as a source of inspiration!

Best regards,

Michael Saleh Gassner