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Marina Bay City Lombok Becomes the World's First City to Ban Interest on Home Loans

11-03-2025 11:48 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ABNewswire

Marina Bay City Lombok Becomes the World's First City to Ban

Lombok, Indonesia - October 31, 2025 - In a groundbreaking move redefining modern finance and community development, Marina Bay City in South Lombok, Indonesia, has officially announced a ban on all home lending that charges interest. This makes it one of the first cities in the world to completely reject interest-based finance systems within its borders.

The multi-billion-dollar development, already under construction, is envisioned as a "Freedom and Wellness City" designed around sustainability, independence, and ethical living. Founders of Marina Bay City say this bold financial model will enable residents to own homes without the burden of traditional banking debt.

"Western banking is a scam. The Federal Reserve isn't federal, and it doesn't have reserves. In Marina Bay City, we're building something better - a community based on fairness, freedom, and integrity," said founder Jamie McIntyre.

Under the city's innovative home ownership system, anyone of good character can qualify - no credit checks, no interest rates, and no 25-year mortgages. Instead, residents receive up to 60% funding for their homes with zero interest and zero repayments. The repayment method is straightforward: the city retains the Airbnb rental income from each home until the total amount is repaid, typically within three to five years, not decades.

"Why sign up to be a slave to globalist bankers who own the financial system?" McIntyre added. "Life was never meant to be enslavement - but freedom. And Marina Bay City stands for that freedom."

Marina Bay City's leadership believes this model will help redefine housing affordability and set a precedent for ethical real estate across Asia. The city will also feature eco-conscious design, renewable energy, modern infrastructure, and world-class tourism amenities, including ferry connections to Bali and direct access to Lombok International Airport.

About Marina Bay City

Located just 45 minutes from Lombok International Airport and 90 minutes by ferry from Bali, Marina Bay City is a multi-billion-dollar master-planned development by Lux Projects. The city integrates freedom, sustainability, and wellness principles to create a new benchmark for urban living in Indonesia.

For more information, visit www.marinabaylombok.com [http://www.marinabaylombok.com/]

Media Contact
Company Name: Marina Bay City Lombok
Contact Person: Cherine T. Deleruelle
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=marina-bay-city-lombok-becomes-the-worlds-first-city-to-ban-interest-on-home-loans]
Country: Indonesia
Website: http://www.Marinabay.city

Legal Disclaimer: Information contained on this page is provided by an independent third-party content provider. ABNewswire makes no warranties or responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you are affiliated with this article or have any complaints or copyright issues related to this article and would like it to be removed, please contact retract@swscontact.com



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