Is Islamic banking is Islamic? Islamics are using the same formulas of future values, present values etc in which are interest based, can anyone help me differentiate?

Question added by Hassan Jamil , Research Assistant , COMSATS Institute of Information & Technology
Date Posted: 2016/04/16

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by HASSAN AHMED , Internal Auditor , TIE

In my opinion Islamic banking is ISLAMIC. I have done diploma as well, no need to get confuse by other people who say both are same.

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