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The problem arises when the Islamic banking system is only considered to be a change of name.
Islamic Banking is about profit sharing and partnership. All Islamic Banking products are necessarily based on the Sharee’ah or are Sharee’ah compliant. The former means that there are evidences from the Quran and the Sunnah for the legitimacy of those products. The latter are products derived from other rulings or products that do not oppose the Sharee’ah in any way. While discussing the products in Islamic Finance, jurisprudence is taken into consideration as well. Thus we can say that, Islamic banking is really Islamic.
Islamics banks create their products based on disciplines that scholars approve. However, in some minor nuances, points of scholars may conflict. Thus, a group of people find certain financial products acceptable while others consider it as equivalent of conventional financial products.
Above all, in order not to misunderstand islamic financial products one must understand shariah principals in core, which is highly unlikely.
Those who blame on scholars, are judging too subjectively I believe.
Conventional banks with windows providing islamic finacial product is 100% out of topic.
Still we have not full fleged Islamic banks except some of them, are practicing in some products fully Islamic products. Those all products which are commodity based, such that, Ijara, Mudaraba, Musharakah etc
many banks called islamic are not, they usualy use same process as classic banks