excuses excuses excuses. ayeeeen baaaayeeen shaaaayeen.
Pakistan may have the 1962 law. But other places in the world are free to chose. Even the richest gulf countries and Iranian Ayatullah group all have failed to show that Islamist banks can work.
Why?
Because its all “Holy smoke”, and “snake oil”. Just take the traditional banking products, change their name to some Arabic mumbo jumbo and sell it as Islamist product.
All because of hut-dharmi.
The current behavior of Islamist banks clearly shows that the modern banks offer all the options that a Muslim should be looking for. There is no need to put green cloth on something that doesn’t need one.
Oh well.
May Allah stop Islamists from using our religion for their despicable worldly gains.
Ameen!