Any subject centered mindset has the ability to think differently here in Pakistan. For example the economic way of thinking about a thing always a new approach for those who wants to know its direct and indirect linkage with the Pakistan’ stability. For example, they think that Growth of the economy lies in the growth of Islamic banking in Pakistan. The best relationship so far but there are many arguments can make to justified all these things but came through the subject reading thoroughly.
There are many papers written with the purpose, what would be the meaning of economic development in terms of Islamic point of view as one is looking for the same. There is a consensus that Islamic banking is the alternative of interest based. Although there is no hidden aspect that both have a same level impact for economic infrastructure of Pakistan. The recent article being published by some Pakistani guy in the journal who draws result that 50 percent of finances in Islamic countries in this world can control by the concept of Islamic banking.
He also gives a prediction by showing the statistics of next decade, for example, the paper of Ahmad in 2004 about the Islamic banking. The level of overall growth also considered by the way of Islamic banking reacts in Pakistan as well. The first Islamic bank was founded in Pakistan in 1950 and Pakistan has strong reason to provide the new way towards the loan seekers. The interest fee banking never negated in any society and so the Pakistan as well. The economic system is not a new system towards the Islamic banking but it is a system of fixed operating costs rather dynamic approach with lots of interest.
The same kind of thing considered as the growth of the economy through Islamic Banking In Pakistan. It was just an overview so that students and readers can get the idea. One has a purpose to provide the link to that journal where the paper was published and everyone should read it once. Here it is