Islamic banks offer Shariah-compliant financing for property purchase, other services.

Can be a valuable tool for globalisation of local businesses

Regulator’s lack of sympathy has affected partnerships between Pakistani, foreign universities

Ostentatious behaviour generally associated with illegitimate money

Share of Islamic banking fast approaching 12%

Probe part of a larger strategic thinking to create awareness of quality and hygiene

Despite disillusion with country’s economic state, future looks bright

They help tax evasion; promotion of plastic money necessary.

Local institutions have made it hard for them to survive as well

Can provide reverse market production prospect for entity