- Only Banks create money.
- The created money is then supplied in to the economy only in the form of loan at some specified interest.
- There are no other institutions that create money other than banks.
- The availability of each produce is limited, the liability cannot exceed the availability limit.
- In any transaction, if a liability of produce "in excess" of "the produce available" is created, that extra liability would be artificial because excess quantity of produce does not exist.
Watch the Lecture by Dr. Zakir Naik on the Topic "Interest Free Economy"