When yesterday, a colleague of mine who is a banker too, has asked me as “have you noticed the growth of Islamic banks in last 10 years all over the world?” I just responded by saying “yes” without any arguments!
But the fact is having much more depth than for any new theory. Why the world is switching to Islamic mode of banking which outlines prohibition of “riba” (interest) and world’s top class banks are opening Islamic banking windows!
Is this a real fact that world financial leaders -even in the current crisis of crunch- have noticed or view Islamic banking as a positive change or it is something else?
By looking at various top class banks, it is clear that with conventional banking they do have a sort of Islamic Banking window! reasons might be different but the fact is that is exists!