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Question No 02 10 Marks a. A bank! It is the birth of conventional inequality and disparity based enterprise system. Therefore, there is NO place

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Question No 02 10 Marks a. A bank! It is the birth of conventional inequality and disparity based enterprise system. Therefore, there is NO place of banking in an Islamic economic framework. Do you agree/disagree? Justify your answer with the reasoning. (04) b. Give your personal reflection on the model of Islamic banking currently being practiced in Pakistan. In your reflection, justify your answer with strengths and weaknesses of current Islamic banking. (04) c. What promotional steps do you suggest for the promotion of Islamic banking in the country. (02)

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