09-12-2007, 12:33 AM
This effort to explain things should be appreciated, though I guess it didn't go one degree to explain the things further. My brother didn't tell how profits in Islamic Banking would going to be drastically more than they are in normal banking or non Islamic according to you. It is beyond any doubt and needs no explanation that if a bank is offering higher returns people will rush towards it. But still my question remains there, as said by one member that Islamic banking will prove to be a blast, and another emphasized by adding that when Islamic Banks will offer quite higher returns than they would be given preference by the depositors. However, both failed to convey how Islamic Banks will achieve this.
Pakistan, no doubt is a heaven for foreign investment because as much as 40% of the profit can be drawn per year which means if your business really earns a profit margin of 40% you can take all of your investment back to your country in 2.5 years. Such lucrative investment policies are not very common in the world. However, some countries of Middle East and Far East have achieved some economic development by following similar policies.
Regards,
Shoaib
Pakistan, no doubt is a heaven for foreign investment because as much as 40% of the profit can be drawn per year which means if your business really earns a profit margin of 40% you can take all of your investment back to your country in 2.5 years. Such lucrative investment policies are not very common in the world. However, some countries of Middle East and Far East have achieved some economic development by following similar policies.
Regards,
Shoaib
