Islam is the only Road to Safety World and the Hereafter

Pakistan, as well as Indonesia, Islamic banks also have an ever growing. In recent years, the Pakistan Islamic banking growth is expected to reach 12 percent in two years.

Director Islamic Banking Department, SBP Khokhhar Zulfiqar Ali, Pakistan said that Islamic banking is growing from year to year, even predictable, that growth will reach 12 percent within the next two years.

"Islamic banking will grow from 8 to 12 percent in the next two years," said Zulfiqar.

However, there are a number of obstacles in the development of Islamic banking Pakistan. Among them, the injustices in the distribution of profit.

Vice Chancellor Ripha International University Islamabad, Dr Anis Ahmad, said that the bank should refund the customer to the depositors and shareholders in a fair and not using illegal funds in the practice of Islamic banking.

"Illegal funds are not permitted in Islamic banking," he said.

On the other hand, Mufti Rafi Usmani, Pakistan Islamic economists, gives examples of how the Pakistan Islamic banking injustice occurs, for example in terms of home financing.

"We received a complaint that said the difficulty in bringing home financing," he said in the activities of Islamic Finance Expo and Conference in Karachi, last weekend.

Islamic banks, Rafi added, must also distribute profits to the depositors and shareholders fairly and according to Islamic principles. Returns must be in accordance with the inflation rate so that depositors' funds are not changed.


Source : http://ib.eramuslim.com/2012/05/24/perbankan-syariah-pakistan-terus-bertumbuh/

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