LessonsIslamic Banks: What They Have AchievedQuiz

The fact that Islamic banking achieved a great deal does not mean current practice is ideal. A serious evaluation must distinguish between the success of creating Islamic institutions and the separate question of how faithfully those institutions fulfill the economic philosophy of Shari‘ah.

That distinction leads into the final critical evaluation.

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Achievement Does Not Remove the Need for Criticism

Islamic Banks: What They Have Achieved

The fact that Islamic banking achieved a great deal does not mean current practice is ideal. A serious evaluation must distinguish between the success of creating Islamic institutions and the separate question of how faithfully those institutions fulfill the economic philosophy of Shari‘ah.

That distinction leads into the final critical evaluation.