{"id":771766,"date":"2025-10-31T16:44:01","date_gmt":"2025-10-31T16:44:01","guid":{"rendered":"https:\/\/www.abnewswire.com\/pressreleases\/?p=771766"},"modified":"2025-10-31T16:44:01","modified_gmt":"2025-10-31T16:44:01","slug":"marina-bay-city-lombok-becomes-the-worlds-first-city-to-ban-interest-on-home-loans","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/marina-bay-city-lombok-becomes-the-worlds-first-city-to-ban-interest-on-home-loans_771766.html","title":{"rendered":"Marina Bay City Lombok Becomes the World\u2019s First City to Ban Interest on Home Loans"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong>Lombok, Indonesia &#8211; October 31, 2025 &#8211;<\/strong> 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.<\/p>\n<p style=\"text-align: justify;\">The multi-billion-dollar development, already under construction, is envisioned as a &ldquo;Freedom and Wellness City&rdquo; 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.<\/p>\n<p style=\"text-align: justify;\">&ldquo;Western banking is a scam. The Federal Reserve isn&rsquo;t federal, and it doesn&rsquo;t have reserves. In Marina Bay City, we&rsquo;re building something better &mdash; a community based on fairness, freedom, and integrity,&rdquo; said founder Jamie McIntyre.<\/p>\n<p style=\"text-align: justify;\">Under the city&rsquo;s innovative home ownership system, anyone of good character can qualify &mdash; 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.<\/p>\n<p style=\"text-align: justify;\">&ldquo;Why sign up to be a slave to globalist bankers who own the financial system?&rdquo; McIntyre added. &ldquo;Life was never meant to be enslavement &mdash; but freedom. And Marina Bay City stands for that freedom.&rdquo;<\/p>\n<p style=\"text-align: justify;\">Marina Bay City&rsquo;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.<\/p>\n<p style=\"text-align: justify;\"><strong>About Marina Bay City<\/strong><\/p>\n<p style=\"text-align: justify;\">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.<\/p>\n<p style=\"text-align: justify;\">For more information, visit <a rel=\"nofollow\" href=\"http:\/\/www.marinabaylombok.com\/\">www.marinabaylombok.com<\/a><\/p>\n<p><span style='font-size:18px !important;'>Media Contact<\/span><br \/><strong>Company Name:<\/strong> <a href=\"https:\/\/www.abnewswire.com\/companyname\/Marinabay.city_169444.html\" rel=\"nofollow\">Marina Bay City Lombok<\/a><br \/><strong>Contact Person:<\/strong> Cherine T. Deleruelle<br \/><strong>Email:<\/strong> <a href=\"https:\/\/www.abnewswire.com\/email_contact_us.php?pr=marina-bay-city-lombok-becomes-the-worlds-first-city-to-ban-interest-on-home-loans\" rel=\"nofollow\">Send Email<\/a><br \/><strong>Country:<\/strong> Indonesia<br \/><strong>Website:<\/strong> <a href=\"http:\/\/www.Marinabay.city\" target=\"_blank\" rel=\"nofollow\">www.Marinabay.city<\/a><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.abnewswire.com\/press_stat.php?pr=marina-bay-city-lombok-becomes-the-worlds-first-city-to-ban-interest-on-home-loans\" alt=\"\" width=\"1px\" height=\"1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lombok, Indonesia &#8211; October 31, 2025 &#8211; 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 &hellip; <a href=\"https:\/\/www.abnewswire.com\/pressreleases\/marina-bay-city-lombok-becomes-the-worlds-first-city-to-ban-interest-on-home-loans_771766.html\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[425,440,404],"tags":[],"class_list":["post-771766","post","type-post","status-publish","format-standard","hentry","category-Finance","category-Real-Estate","category-US"],"_links":{"self":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/771766","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/comments?post=771766"}],"version-history":[{"count":0,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/771766\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/media?parent=771766"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/categories?post=771766"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/tags?post=771766"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}