It does and it doesn't.

AFAIK Shia doesn't specifically ban all images outright, but instead relies on context. For example, the Prophet Muhammad (PBUH)* - Sunni Islam bans all images of him and other prophets, while Shia Islam might allow some images as a reference to him or other prophets as historical figures such as Jesus, Adam, Moses, David, etc... which they undoubtedly are. That's why some images of prophets are basically a white outline surrounded by fire, or a figure with a veil over their face. As long as you aren't defaming or purposely offending the religion, it's frowned upon in most cases, but not explicitly banned due to the historical context - humanity, after all, did and does rely on images instead of words at times and did so when most people were illiterate but could understand images. As long as the prophets aren't made into idols or worshiped or defamed, and are illustrated for historic context in a non defaming way, it's OK, sometimes.

*I say this while not Muslim to avoid the notion that I am purposely offending Islam - I'm not.