Islamic Banking,a namesake not practical concept in Pak?

Islamic Banking in Pakistan and Islamic banking all over the world, there are two main thing to understand to get this whether they are in accordance with the Islamic Principles or not. Firstly, if some one want to know the method, I think its complicated to understand. But its process and nature of working definitely is different than the general banking across the globe. So by this if they are not cent percent pure Islamic but they are trending themselves to Islamic Banking. Secondly, I think which is more important for us to get this point, and the thing is that for every product of an Islamic Bank there is a 'Fatwa' from a well known and well educated religious scholar. My point of ... read moreview is this if a well reputed 'Mufti' have a 'Fatwa' on a particular object. We must follow the thing in good faith. Now if it is Islamic or non-Islamic, the responsibility will be upon the Religious Scholar for the act. So you should not worry about this matter if understand the above points.

I came across this website that has some very good articles about Islamic Banking. Im sure it will help you understand a lot about the basic concepts, theories of use and applications.
http://banking-islamic.com/

Interest is anything in which you earn money without involving assets in the back hand like either my prolonging time or by taking money before time.. And what Islamic banks does is that they involve assets in transactions and take service charges or gives benefits in terms of loans and deposits.. So ya even though they follow normal procedure of conventional banking but are still avoiding Riba (interest)

PAKISTAN ME ISLAMIC BANKING HAHAHAHAHAHAHAHA.... KHAAAB HY. BCOZ YAHA PAR 90% POLITICIAN NE APNA SARMAYA BANKS ME SOOOD KHANAY K LIAY RAKHWAYA HUWA HY... WO PAKISTAN ME ISLAMIC BANKING NAHE CHATAY...

Yes there is concept of Islamic Banking. Interest is always fixed. But in Islamic banking, it is not fixed i think.

Secondly, I think which is more important for us to get this point, and the thing is that for every product of an Islamic Bank there is a 'Fatwa' from a well known and well educated religious scholar.
http://www.pakistanjobs.pk/banking-jobs-a10