Is profit on bahbood certificates halal?

[Pracs]

My only observation on this is that as far as my knowledge is concerned 'Shariah compliant banks' in Pakistan and elsewhere do not have 'retail level' products for people with small amounts of investments, as in the case with Govt. Bonds and certificates.

Inshallah as 'Islamic banking' products get more popular and these move from the 'niche' market to popular 'main stream' we will have more opportunities to go 'halal' in our economics as well