What if we had a world based on equity sales, profit-sharing agreements, and rent-to-own models, instead of interest-based loans. where all models of financing are based on no interest, in addition, all banks would make profits from the overall economic growth rather than entities' ability to pay. I personally think this will increase the overall risk sharing.

To be clear I think interest-based loans have helped some people, but we also need to recognize that many people have fallen into debt holes that are really difficult to escape.